Nestled along the creek in the picturesque mountain landscape of Idaho Springs, Colorado, this boutique cabin and condo resort property presents a unique waterfront investment opportunity.

This sale offering includes a five-unit apartment/condo building and nine well-maintained, fully furnished cabins, each with either original rustic charm or updated with modern amenities. All cabins feature lovely outdoor spaces, most with private creek frontage; some have fireplaces and fully equipped kitchens or kitchenettes. The 14 units are spread across 5.16 easily maintainable acres. The acreage offers privacy and ample space for future development. The rare C3 zoning allows buyers to expand or build different property types. The offering is separated into two lots. Lot 2 can be purchased alone for $5 million. Lot 3 cannot be purchased without Lot 2.

The Water Stone & Retreat nightly rental business is included in the sale so investors can seamlessly continue its abounding success. This includes the property’s website, and though these are currently only listed on Airbnb, it can be set up to handle direct bookings. Occupancy typically ranges between 90 to 95% in the high seasons and around 70% in the swing months. It provides a strong revenue stream with potential for growth through value-add improvements and the units consistently garner the highest lodging rates in Idaho Springs.

Downtown Denver is only 40 minutes east, and Idaho Springs is the closest outdoor escape for rafting, zip lining, hiking, fishing, horseback riding, jeeping, paddle boarding, mountain biking, and more. The retreat is only five minutes from Historic Downtown Idaho Springs, and proximity to Interstate 70 allows guests to easily reach tourist spots like Winter Park, Echo Mountain Ski Area, Red Rocks Amphitheater, Evergreen, and much more. Water & Stone Retreat is a renowned destination with glowing guest reviews, and it is listed as the marquee hospitality option by Blackstone Rivers Ranch (wedding/event venue) and Pactimo (clothing company). Additionally, the city has a relatively low inventory of rooms, giving Water & Stone Retreat significant market superiority.