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8695 Pine Dr, 
Beulah, CO 81023

$985,000


4

Beds


2

Baths


2,838

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Caren Ermel

Southern Colorado Mountain Real Estate

Last updated:

August 27, 2026, 01:24 PM

MLS#

241947

Source:

CO PAR

About This Home

8695 Pine Dr

Rare multi-unit income property on 6.7 acres in Beulah Valley, spread across three parcels and engineered for maximum cashflow, diversified revenue streams, and long-term portfolio resilience. This property delivers three separate homes, offering investors multiple profit strategies: short-term rentals, long-term tenants, traveling professionals, multigenerational leasing, or owner-occupancy with two additional income units. Two guest homes have a proven track record as high-performing AirB&B rentals, with strong occupancy rates and reliable returns. The land itself is an investment: a cedar geothermal greenhouse, large irrigated garden, chicken coop, and horse-friendly acreage support urban-homestead operations, farm-to-market sales, or cost-reducing self-sufficiency. Multiple water sources—well, cisterns, and community system—provide resilience and lower risk, ensuring operational stability for investors seeking dependable returns. Infrastructure adds even more value: multiple garages, abundant equipment storage, mature trees, and a large Cleary office/workshop ideal for business operations, rental management, or additional income-producing workspace. Upscale finishes—including wood floors, bespoke tile, and a 50-year impact-resistant roof—enhance durability and guest appeal. Easy access makes this property practical for both management and tenant turnover. For investors targeting aggressive cashflow, land-based productivity, and diversified income streams.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1967

Price Summary

985,000

$347 per Sq. Ft.

MLS #:

241947

Last Updated:

August 27, 2026, 01:24 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,838 Sq. Ft.


Structure

Structure

Building Area:

2,838 Sq. Ft.

Year Built:

1967


Lot

Lot Size (Sq. Ft):

291,852


Finances & Disclosures

Finances

Price:

$985,000

Price per Sq. Ft:

$347 per Sq. Ft.

Source:CO PAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.