For Sale
$15,000,000

18999 Co RdBuena Vista, CO 81211

Colorado Hot Springs Resort, 23 Keys

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional Colorado hospitality property, listed at $15,000,000, offers a unique investment opportunity. Situated on 39.24 acres in Buena Vista, Chaffee County, the property includes seven buildings encompassing a main lodge, 13 motel rooms, two hostel-style rooms, five cabins, and three homes (one residential, one employee housing, one business-related). The inn boasts five soaking pools fed by deeded geothermal water rights, utilizing gravity-fed natural hot water, resulting in significant energy savings. Recent renovations include expanded rooms, new high-quality latex beds with bamboo covers, updated bathrooms and showers, and geothermal heating in the lodge. The property also features sustainable building materials, solar and wind energy generation systems (reducing energy costs by approximately 40%), and a gift shop. Financials show consistent revenue generation, with reported revenue exceeding $2 million annually in several recent years (specific figures available upon request). The property's location near Monarch Ski Resort and Ski Cooper, combined with its proximity to Colorado Springs and Denver, provides strong potential for year-round occupancy. The property is zoned commercial and offers potential for expansion. This is a rare opportunity to acquire a thriving, eco-conscious business in a stunning natural setting. The property's unique features, including the absence of televisions and Wi-Fi in guest rooms, create a tranquil and restorative environment. The property's APN is 326921400241 plus others.

Highlights

  • Deed-restricted geothermal hot water.
  • Five private soaking pools.
  • Triple-energy system: wind, solar, and geothermal.
  • Sustainable construction and furnishings.
  • Limited electrical interference; no in-room phones, TVs, or Wi-Fi (lobby computer available).
  • Rustic cabin accommodations.

Property Details for 18999 Co Rd

Property type
Specialty properties, Mixed-use properties
Buildings
7
Lot Size (sq. ft)
1,709,294 SF

Location Insight

City
Buena Vista
County
Chaffee
State
Colorado
Latitude
38.8127587
Longitude
-106.2218546
18999 Co Rd, Buena Vista, Colorado

FAQs

What type of property is this?
Specialty property - Colorado Hot Springs Resort, 23 Keys
Where is the specialty property located?
The property is located at 18999 Co Rd Buena Vista, CO.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Deed-restricted geothermal hot water.; Five private soaking pools.; Triple-energy system: wind, solar, and geothermal.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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18999 Co Rd
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