700 Highway 50

$1,350,000
Price
5
Beds
2,395 Sq. Ft.
$564 / Sq. Ft.
2,395
Sq. Ft.
$564
per Sq. Ft.

Description

Investment opportunity located in the City of Gunnison! Commercial+ residential with potential to fine tune an already successful investment property! Cottonwood Parque consists of two mirrored second level apartments, a studio/office on ground level and lot rent from 14 trailers on site. Lot rent per trailer is $400. Each Trailer is individually owned. CAP Rate is over 7.6% as of list date and will increase 1/2026. Please inquire for more information. The second floor living apartment units are...Investment opportunity located in the City of Gunnison! Commercial+ residential with potential to fine tune an already successful investment property! Cottonwood Parque consists of two mirrored second level apartments, a studio/office on ground level and lot rent from 14 trailers on site. Lot rent per trailer is $400. Each Trailer is individually owned. CAP Rate is over 7.6% as of list date and will increase 1/2026. Please inquire for more information. The second floor living apartment units are 2 Bed/2bath & each include a one car garage. Units A & B provide consistent rental income at $4100 per month (Unit A $2,000, Unit B $2,100). The ground level has an office/studio 1 bed/1 bath with laundry, providing an additional $700 monthly. Units A & B have a new water heater (2025). Seller will consider owner financing. Property is also listed as commercial: MLS 826902

Property Details for 700 Highway 50

Water Front
No
Zoning
Commercial, Other
Subdv Name
West Gunnison
LISTING UPDATED: 10/24/2025 02:40 PM

Property Details for 700 Highway 50

StatusActive
MLS #826903
Days on Market143
Taxes$3,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built1988
Lot Size1.83 AC / 79,714 SF
CountyGunnison County

Location

Listing Courtesy of Coldwell Banker Mountain Properties, Rachael Baskfield Miller
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Building Information for 700 Highway 50

Stories2Year Built1988Building Size-Lot Size1.83 AC / 79,714 SF

Payment Calculator

$6,946 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,671

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 Highway 50

Summary
Location and General Information
  • Directions: Use your preferred map application.
  • Access: Year Round
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Type: Attached Garage
  • Garage Capacity: 3
  • Garage Y/N: Yes
School Information
  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8
  • High School: Gunnison 9-12
Taxes and HOA Information
  • Tax Account ID: 378702233001.000000
  • HOA Y/N: No
  • Other Transfer Fees Y/N: Yes
  • Tax Year: 2024
  • Total Taxes $: 3300.00
Property
Property and Assessments
  • Domestic Water Source: City Water
  • Domestic Sewer Source: Septic System
  • FIPS Code: 08051
  • Legal/Lot Block: LOT 1, COTTONWOOD ACRES SUBDIVISION #626860, City & County of Gunnison, State of Colorado
  • Foreign Owned Y/N: No
  • Photo Count: 36
  • New Construction Y/N: No
  • Disclosures: Other
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 1-1.99
  • Current Property Use: Residential, Commercial
  • Possible Property Use: Residential, Commercial
  • Lot Dimension: 300 by 400
  • Parcel ID #: 3.78702233001E11
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Spectrum/Charter
  • Water Heater: Gas Water Heater
  • Utilities: Electric, Natural Gas, Internet
  • Addit Living Quarters: No
  • Water Well: No
Multi Family
Multi-Family Information
  • Residence Stories: Two Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Bathrooms: 2.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Florring: Carpet-Partial, Tile, Laminate, Other
  • Foundation/ Basement: Concrete
  • Heating Fuel/Source: Natural Gas, Electric
  • Heating System: Boiler, Ceiling Radiant
  • Interior Inclusion: Other
Exterior Features
  • Residence Style: Other
  • Construction Type: Wood Frame
  • Roof: Architectural Shingles
  • Exterior Inclusions: Irrigation Water, Deck
  • Fence: Vinyl

Property History for 700 Highway 50

DateEvent & SourcePriceAppreciation
Aug 8, 2025

Price Change

CRENMLS #826903

$1,350,000—
Jul 24, 2025

Price Change

CRENMLS #826903

$1,500,000—
Jul 24, 2025

Listed (Active)

CRENMLS #826903

$1,350,000—
Apr 12, 2019

Sold

CRENMLS #752701

$865,000—
Apr 2, 2019

Expired

CRENMLS #736891

—
Feb 6, 2019

Pending

CRENMLS #752701

—
Dec 7, 2018

Listed (Active)

CRENMLS #752701

$975,000—
Aug 22, 2017

Listed (Active)

CRENMLS #736891

$930,000—
DateEvent & SourcePrice
08/08/2025

Price Change

CRENMLS #826903

$1,350,000
07/24/2025

Price Change

CRENMLS #826903

$1,500,000
07/24/2025

Listed (Active)

CRENMLS #826903

$1,350,000
04/12/2019

Sold

CRENMLS #752701

$865,000
04/02/2019

Expired

CRENMLS #736891

—
02/06/2019

Pending

CRENMLS #752701

—
12/07/2018

Listed (Active)

CRENMLS #752701

$975,000
08/22/2017

Listed (Active)

CRENMLS #736891

$930,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 700 Highway 50

This home is within Gunnison Watershed Re1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 10
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Gunnison Elementary School
PublicPK to 5

Marble Charter School
CharterK to 10

Gunnison Middle School
Public6 to 8

Crested Butte Community School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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700 Highway 50 is a single family home for sale in Gunnison, CO 81230. This property was listed for sale on July 25, 2025 by Coldwell Banker Mountain Properties, it's currently listed at $1,350,000. It has been on the market for a total of 143 days and was last sold on April 12, 2019. This listing's school district is Gunnison Watershed Re1j School District. Nearby schools include Gunnison Elementary School, Marble Charter School and Gunnison Middle School. 700 Highway 50 is a 5-bed, 2-bath, 2,395 sqft single family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Mountain Properties, Rachael Baskfield Miller

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 07/24/2025 06:00 PM through 12/15/2025 05:16 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/24/2025 02:40 PM