420 ELLSWORTH 5
420 ELLSWORTH 5
420 ELLSWORTH 5
420 ELLSWORTH 5
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Sold

420 ELLSWORTH 5

420 ELLSWORTH 5, Grand Lake, CO 80447

$725,000
Buy it for the view. Hold it for the numbers.
Lakefront scarcity, downtown convenience, documented income. This is the kind of property that works on paper and in person.

True lakefront in the heart of town. Eagles Landing Unit 5 sits directly on the shores of Grand Lake with stunning water views. Step outside and you're one block from the boardwalk, dining, festivals, concerts in the park, and Rocky Mountain Repertory Theatre. Lakefront and downtown -- a rare combination that consistently performs.

Strong rental history from 2018-2025 demonstrates consistent income, with peak revenue exceeding $48K. This is a proven short-term rental asset in one of Colorado's most walkable lake communities.

Recent updates include: All new kitchen appliances (2023), washer/dryer (2023), water heater (2019), updated fixtures, door lock (2023), and new king and queen mattresses (2025). Turnkey and ready for continued operation.

The HOA is financially proactive, planning ahead for a future roof replacement and collecting accordingly to help avoid special assessments  an important long-term detail for investors.

Two bedrooms, two full bathrooms, a great deck off of the front that overlooks the lake, in unit sauna and covered parking space all make this a fantastic property.

2
beds

2
baths

1,130 Sq.Ft. LIVING AREA

Nancy Dulac

Nancy Dulac

Features & Amenities

Interior

  • total bedrooms2
  • Total bathrooms2
  • full bathrooms2
  • Laundry room Main Level, In Unit
  • Fireplace Living Room
  • APPLIANCES Water Heater, Washer/Dryer Stacked, Refrigerator, Microwave, Exhaust Fan, Electric Range, Electric Oven, Disposal, Dishwasher

Area & Lot

  • Status Sold
  • Living Area1,130 Sq.Ft.
  • Total Area1,332.3 Sq.Ft.
  • MLS® ID26-177
  • TypeCondo
  • YEAR BUILT1985
  • NeighborhoodGrand Lake
  • Water FrontageLake Front
  • View DescriptionLake, Mountain(s)
  • Elementary SchoolGranby
  • Middle SchoolEast Grand
  • High SchoolMiddle Park

Exterior

  • Garage Space1.0
  • lot featuresWaterfront
  • parkingAssigned
  • HOA AmenitiesSauna, Snow Removal

Financial

  • Sales Price$725,000
  • Real Estate Tax $2,696/yr
  • HOA $2,450/3 mos

Grand Lake

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