Sold
Closed
405 Lions Gate Drive
Winter Park CO, 80482
$4,100,000
$482.35 per sqft
Sold
Closed
10 Beds
11 Baths
8,500 sqft
Residential
Built in 1995
Welcome to a prime investment opportunity in Winter Park, Colorado! This turnkey property at 405 Lions Gate Drive presents a unique chance to own the only luxury boutique hotel in Winter Park. With a total of 10 bedrooms and 11 bathrooms spread across 8500 square feet, this property offers a spacious and inviting atmosphere for guests. Boasting a total lot size of 13939 square feet, the hotel provides a comfortable and accommodating environment.
The property has undergone a comprehensive $1M renovation in 2021-2022, ensuring it is modern and up-to-date. With high ceilings, mountain views, and a fully furnished interior, this hotel is designed to impress. The amenities include a balcony, common laundry, cooktop, dishwasher, disposal, dryer, eat-in kitchen, fireplace, forced air, hot tub, range hood, refrigerator, and walk-in closets, providing guests with the utmost comfort and convenience.
Located in the heart of Winter Park, this hotel is priced 25% below the average price per square foot in the area, making it an attractive investment. The property's existing business, along with the potential for further development and expansion, presents a promising opportunity for the savvy investor. Additionally, the hotel has received awards and recognition from prominent platforms such as Airbnb, Google, Tripadvisor, Booking, Kayak, and Expedia.
With a transferable liquor and restaurant license, as well as Winter Park's only private bar equipped with a modern 4-tap beer system and a full commercial kitchen, this property offers a unique and lucrative investment opportunity. Don't miss the chance to own a piece of Colorado's fastest-growing ski town and resort. Take advantage of the high potential for growth, as evidenced by the highest ADR in the area, increased year-over-year occupancy, and documented organic growth in traffic and direct bookings. This is your chance to own a successful business in a thriving and sought-after location in the heart of Winter Park.
5232469
MLSⓇ ID
May 7, 2024
Listed
December 5, 2024
Updated
Map
405 Lions Gate Drive
Winter Park CO, 80482
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
11
Full Bathrooms
10
Quarter Bathrooms
1
Interior Features
Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, High Ceilings, Smoke Free, Hot Tub, Walk-In Closet(s), Wired for Data
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Oven, Range Hood, Refrigerator, Washer
Laundry Description
Common Area
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Bedroom, Family Room, Gas, Great Room, Other
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.32 Acres
Exterior Features
Balcony
Lot Features
Near Ski Area
Architectual Style
Chalet
Roof
Composition
Sewer
Public Sewer
School Information
School District
East Grand 2
High School
Middle Park
Elementary School
Fraser Valley
Other Property Details
Taxes
$13,163
Tax Frequency
Annually
Garage
No
Parking Total
9
View
Yes
View Description
Mountain(s)
County
Grand
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/5/2024 | Sold | $4,100,000 |
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