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Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Stick Built
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $290
Subdivision Palisades Addition
MLS Listing ID 821266
Sold Date 07/01/25
Style Ranch Basement
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Year Built 1958
Annual Tax Amount $1,397
Tax Year 2023
Lot Size 8,537 Sqft
Acres 0.196
Property Sub-Type Stick Built
Property Description
1,976 SQ FT including the Full Basement! Main level is 3 Bedroom and 1 bathroom, 4th bedroom in basement is non-conforming and potential for 5th bedroom or office space in the basement as well! Corner Lot Home with Potential in Gunnison! Nestled on a charming corner lot in the heart of Gunnison, CO, this property presents a unique canvas that offers both versatility and practicality, perfectly suiting the needs of contractors, investors, or any buyers eager for a custom upgrade. One of the standout features is the spacious full basement. This area is more than just an underground room—it's a multifunctional space boasting two separate rooms, a living area, a kitchen, and a bathroom, ideal for additional family living space or for use as a rental unit potentially. Proper egress windows could be installed. This basement configuration is particularly appealing to those looking to make the most out of every square foot of their home. Additionally, the property includes two attached garages, which are a rare find in this area. The updated garage doors, installed around 2006, add functional value. Keeping in mind the longevity and efficiency of this home, critical updates have been made to the core systems: the furnace and water heater, along with all piping from the street to the house, were modernized around 2006. Furthermore, parts of the plumbing downstairs saw upgrades in 2010, for those concerned with home maintenance and longevity. However, this home does call for a remodel or updates to truly unlock its full potential. This aspect not only allows for customizing the living space to meet personal tastes and needs but also presents an exciting opportunity to enhance the property's market value significantly. Whether translating your vision into reality or investing with a focus on profitability, the possibilities are vast and inspiring. Framed by tall evergreen trees that stand as natural sentinels around the lot, the exterior ambiance is both inviting and peaceful. The property's strategic location within Gunnison offers not just a home, but a lifestyle enriched by the community's unique charm and resources. From its nearby amenities to the seasonal beauty that Colorado is famous for, this home is ideally positioned to capture the essence of Colorado living. If you're interested in this opportunity, or if you have any further inquiries, feel free to reach out to me. Let's explore the potential of this Gunnison gem together and see how it can meet or exceed your property investment goals. Discover the possibilities waiting for you here—at the intersection of opportunity and home, framed by nature and waiting for the next chapter of its history to unfold. Some photos have been virtually staged. Buyer to verify all square footage.
Location
State CO
County Gunnison
Area Gunnison City
Zoning Residential Single Family
Rooms
Basement Basement-partial finish
Interior
Interior Features Ceiling Fan(s), W/D Hookup
Heating Forced Air
Flooring Carpet-Partial, Hardwood, Tile
Furnishings Unfurnished
Exterior
Parking Features Attached Garage
Garage Spaces 3.0
Utilities Available Electric, Internet, Natural Gas, Phone - Cell Reception
Building
Story Two Story
Foundation Basement-partial finish
Sewer Public Sewer
Water City Water
New Construction No
Schools
Elementary Schools Gunnison 1-5
Middle Schools Gunnison 6-8
High Schools Gunnison 9-12
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