Water & Stone Retreat
3083 - 3303 Chicago Creek Road
Idaho Springs, CO 80452
Highlights
- 9 charming, professionally designed and fully furnished cabins, along with 5 "condo" rooms, all with modern amenities
- The Property features significant expansion and development potential, including adding additional cabins, a hotel, further amenities, and more. It is also a great 1031 exchange option, given the minimal management requirements.
- Only ±30 miles from downtown Denver, which is extremely rare for an escape of this quality, and in close proximity to numerous attractions, including Winter Park, Loveland and Echo Mountain Ski Areas, the Indian Hot Springs, St. Mary's Glacier, and many more
- ±5.16 easily maintained acres with rare creekside exposure.
- The Property is zoned C-3. The C-3 zoning designation is very uncommon for the area of Idaho Springs, and allows for a broad range of expansion options
- Broker of Record: Michael A. Corbey with Realspace Commercial Real Estate, LLC (CO License: ER.040024487)
Description
SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of the Water & Stone Retreat ("Property"), a boutique lodging property nestled in the breathtaking landscapes of Idaho Springs, Colorado. This serene retreat offers a prime opportunity for investors or hospitality entrepreneurs looking to own a slice of paradise just 30 miles from Denver. The Property includes a five-unit condo building and nine charming and well amenitized cabins along the babbling Chicago Creek and encompasses 5.16 easily maintained acres. This property boasts very high occupancy numbers and some of the highest ADRs in the Idaho Springs area. Rare and flexible C3 zoning allows for ample development opportunities. Idaho Springs is already short on available short term lodging options and the long-awaited Mighty Argo Cable Car in Idaho springs is under construction and scheduled to open late 2025 or early 2026 and is expected to see 500,000-700,000 visitors annually.
The Property is located is approximately 4 minutes from downtown Idaho Springs, CO. It is nestled along the creek in a picturesque mountain landscape, offering guests a serene environment surrounded by lush forestry and stunning mountain views.
Idaho Springs is a charming mountain town nestled in the heart of the Rocky Mountains in Colorado, just 30 miles west of Denver. Rich in history, it was the site of one of Colorado's first major gold discoveries in 1859, making it a pivotal location during the Colorado Gold Rush. Today, Idaho Springs combines its rich mining heritage with modern mountain-town charm, featuring historic buildings, vibrant local shops, cozy restaurants, and breweries.
Surrounded by breathtaking scenery, it serves as a gateway to outdoor adventures, including hiking, whitewater rafting, mountain biking, skiing, and soaking in natural hot springs. The area boasts an emerging mountain biking park with diverse terrain for riders of all levels, as well as thrilling rafting experiences on Clear Creek.
Exciting developments in the area include the Argo Gondola, coming soon, which will provide stunning aerial views and direct access to the historic Argo Mill and Tunnel, enhancing the town’s appeal as an adventure hub.
Its proximity to Mount Blue Sky (previously Mt. Evans) and the scenic drive along the Mount Evans Byway make it a popular destination for visitors seeking both history and adventure. Nearby attractions include the Winter Park, Loveland, and Echo Mountain Ski Areas, Indian Hot Springs, St. Mary's Glacier, Red Rocks Amphitheater, Mount Blue Sky (formerly Mt. Evans), and the casinos in Black Hawk.
