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Listing view 3

420 Ellsworth #5, 
Grand Lake, CO 80447

$725,000


2

Beds


2

Baths


1,130

Sq Ft


Condo

Active

Listed by

Nancy Dulac

RE/MAX Peak To Peak

970-726-5700

Last updated:

February 16, 2026, 07:24 PM

MLS#

26-177

Source:

CO GCBOR

About This Home

420 Ellsworth #5

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.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1985

Price Summary

725,000

$641 per Sq. Ft.

MLS #:

26-177

Last Updated:

February 16, 2026, 07:24 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,130 Sq. Ft.


Structure

Structure

Building Area:

1,332.3 Sq. Ft.

Year Built:

1985


Finances & Disclosures

Finances

Price:

$725,000

Price per Sq. Ft:

$641 per Sq. Ft.

Source:CO GCBOR
The information being provided by Grand County Board Of REALTORS® Inc Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Grand County Board Of REALTORS® Inc Mls All rights reserved.

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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.