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311 Pioneer Road

Golden CO 80403

3
5
6
3374 sq. ft.
2.38 ac.
Duplex
Currently for sale - view listing

Overview

Don't miss this incredible investment opportunity in the Denver foothills. This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the last 12 months at an average of over $500 per night - netting nearly $120,000 over that time. The second, a newly-built 1-bed, 1.5-bath ADU has city lights views and space to spread out. Either could be owner-occupied or rented on a 30-day+ basis, and one of them can be rented on a short term basis with a Gilpin County STR permit (and without a wait if owner-occupied). Assuming steady performance from the A-Frame as an STR and using very conservative assumptions for the rental of the ADU, you could easily achieve an 8%+ cap rate at this asking price. With a sought-after style you simply won't find anywhere else, privacy, views for miles, and a location practically in the State Park that's only 30 minutes from Golden, less than an hour from central Denver, and just over an hour from DIA, this investment promises enjoyment and performance for years to come whether you're looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio.

Features

3 bedrooms
5 bathrooms
6 carspaces
6 garage spaces
3374 sq. ft. floor area
2.38 ac. lot size
Duplex

Happy sellers in Golden

89%
89% of sellers in Golden reported that their sale price either exceeded or met their price expectations.

Golden stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Golden over the last 12 months.

Local market activity for 3 bedroom duplexes in Golden

In the last 12 months, 3 three-bedroom duplexes similar to 311 Pioneer Road, have been sold.

This represents a 25% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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