Active
518 E Georgia Avenue
Gunnison CO, 81230
$925,000
$240.82 per sqft
Active
6 Beds
5 Baths
3,841 sqft
Residential
Built in 1888
Listed by with Bluebird Real Estate, LLC 970-275-8022
Welcome to this historic Victorian gem nestled on a generous corner lot adjacent to the picturesque campus of Western Colorado University. This stately residence, proudly facing E Georgia Avenue, is a quintessential Gunnison Victorian, showcasing its timeless elegance and remarkable architecture. Well cared for, it has served as a successful multi-family rental property, boasting a strong rental history and remarkable tenant retention. Spanning three distinct levels, the main house features three individual units, each offering a unique living experience. Should you desire, this property can effortlessly transition into a magnificent primary residence. Outside, you'll find the beauty of mature trees shading the landscape, complemented by an efficient in-ground irrigation system to maintain its lush allure. An elevated deck, complete with finished and heated office or studio space, stands separate from the main house, offering a serene retreat for work or leisure. Convenience and functionality are at the forefront with an attached one-car garage, providing direct access to the main floor one-bedroom residence. This unit showcases a spacious kitchen, inviting living room, and a comfortable primary bedroom, all graced by high ceilings and historic custom woodwork that exude character and charm. A shared entryway and staircase beckons you to explore further, leading to the second-floor two-bedroom unit, followed by a third-floor one-bedroom rental unit. This diversified layout caters to a variety of rental options, making it a versatile investment opportunity. Adjacent to the alley and bordering Western's campus housing, you'll discover a duplex, offering top and bottom units, along with an attached storage shed and basement access. The exterior of the duplex has been enhanced with new siding and insulation, ensuring year-round comfort. Ample off street parking and storage sheds to provide for the five separate units. This distinguished property stands as a testament to exquisite craftsmanship, featuring handcrafted woodwork and large windows that flood each unit with natural light. The unbeatable location, coupled with in-town living and proximity to the campus, makes it an exceptional investment opportunity in Gunnison. For those seeking more in-depth information, detailed apartment layouts, and financial insights, please do not hesitate to reach out. Experience the charm and grace of this historic Victorian home, where modern living meets timeless elegance.
804739
MLSⓇ ID
June 16, 2023
Listed
November 22, 2024
Updated
Map
518 E Georgia Avenue
Gunnison CO, 81230
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
5
Full Bathrooms
4
Three-Quarter Bathrooms
1
Interior Features
Breakfast Area, Ceiling Fan(s), Eat-in Kitchen, Attic
Appliances
Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Laundry Description
Washer Hookup
Floor Description
Hardwood, Linoleum, Partially Carpeted
Fireplace
Yes
Fireplace Description
Family Room
Cooling
No
Heating
Yes
Heating Description
Baseboard, Electric, Hot Water, Natural Gas
Exterior/Building Features
Lot Size
0.24 Acres
Exterior Features
Deck, Sprinkler/Irrigation, Landscaping, Shed
Lot Features
Corner Lot, Corners Marked
Architectual Style
Victorian
Roof
Metal
Sewer
Public Sewer
School Information
High School
Gunnison 9-12
Elementary School
Gunnison 1-5
Other Property Details
Area Name
Gunnison City
Days on Market
471
Garage
Yes
Garage Spaces
1
Parking
Attached, Garage
View
No
County
Gunnison
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
7/29/2024 | Price change | $925,000 -3% |
4/10/2024 | Price change | $950,000 -5% |
10/1/2023 | Price change | $995,000 -10% |
Listed by with Bluebird Real Estate, LLC 970-275-8022
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
©COPYRIGHT (2025) by COLORADO REAL ESTATE NETWORK 121 N Park Avenue, Suite #4, Montrose, CO 81401. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Real estate listings held by companies other than LIV Sotheby's International Realty will feature the respective company’s name.
Data last updated on: 11/22/2024