850 Shady Ln, Estes Park, CO 80517 (MLS # 1027247)

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PRICE $598,000 BEDS 3 BATHS 2 HOME SIZE 2,000 sqft LOT SIZE 7,841 sqft Request More Info Schedule a Showing

Two-for-One in this well-maintained duplex, presenting a rare opportunity for a homeowner or long-term investor. There are several possibilities: live in one unit full-time or use it as your private getaway and rent out the other to help offset your mortgage. Alternatively, increase your investment portfolio by providing two long-term rental units. The lower level was built first by the owner's family in 1955, along with several of the other homes on Shady Lane. The upper-level space, with a full kitchen, 2 bedrooms, 1 full bathroom, and laundry room, was added years later as the family grew. The inviting interior is enhanced by the wood stove insert with built-in blower, which distributes heat throughout the home. There is plenty of storage with good-sized closets, built-in cabinetry, an unfinished storage room in the lower level, and an oversized one-car garage with workshop or additional storage potential.Great location offers walkability near the 18-hole golf course, walking and biking trails, the Community Center, Stanley Park, Lake Estes, and downtown Estes Park. It's also close to a variety of recreational activities and charming shops, galleries, watering holes, local coffee shops, and restaurants to explore. The nice deck with views looks out onto the open meadow, where you can enjoy wildlife as they pass through on their way to graze at the golf course. It's also a great spot to enjoy the fireworks on the 4th of July. The property is close to town but feels peaceful and private. Beyond the allure of living near Rocky Mountain National Park, this duplex offers significant investment potential. It promises dual income streams, allowing you to capitalize on Estes Park's thriving tourism industry while potentially housing the wonderful people who work here.