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701 N Gunnison Ave, 
Lake City, CO 81235

$499,000


1

Bed


1

Bath


864

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Kelsey Loftis

Crystal Peak Properties

970-784-6768

Last updated:

May 30, 2026, 02:20 PM

MLS#

831985

Source:

CO CREN

About This Home

701 N Gunnison Ave

Charming mountain retreat in the heart of Lake City! 2 cabins and a metal building workshop. The main cabin is a 1-bedroom, 1-bath home offers thoughtfully updated living space with character, warmth, and modern improvements throughout. Since purchasing, the owners have completed extensive upgrades including updated electrical and plumbing, new insulation, drywall installation, and replacement double-pane windows. The kitchen has been beautifully remodeled with newer appliances and handcrafted beetle-kill wood cabinetry, creating a true Colorado mountain feel. Flooring has been replaced and some kept to the original hard-wood floors, ceilings were opened and vaulted for a more spacious design, a built-in desk was added, and barn doors bring added charm and functionality. The bedroom was redesigned to include a walk-in closet, and the bathroom has been fully renovated. Heating and ambiance are enhanced with both a cozy wood-burning stove and a Rinnai heater, offering efficient comfort year-round. A nice sized deck creates the perfect space to relax and enjoy the mountain setting. Situated on four city lots, this property provides rare in-town space to spread out, park an RV, and enjoy true mountain living. The fenced front and back yards make this property especially appealing for dog lovers, offering both security and room to roam. A ready-to-go chicken coop makes it easy to start your own hobby farm or embrace a more self-sufficient lifestyle. In addition to the main home, the property features a second cabin of over 700 square feet, ideal for guests, studio use, or flexible additional living space. There is also a spacious insulated metal building Garage of over 700 square feet, offering a wood burning stove and ample room for storage, outdoor gear, ATVs, or workshop use. Also, within this metal building there is a insulted she/shed shop. Just blocks and walking distance to downtown Lake City, restaurants, shops, medical center, post office hiking and Jeep trails, and access to the surrounding mountains, this property offers year-round adventure right outside your door. All square footage measurements are approximate; buyer to verify all measurements and property details. So many great bonuses, it is a must-see property.

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 1950

Price Summary

499,000

$577 per Sq. Ft.

MLS #:

831985

Last Updated:

May 30, 2026, 02:20 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

864 Sq. Ft.


Structure

Structure

Architectural Style:

Log

Building Area:

864 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

12,632


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$577 per Sq. Ft.

MLS Logo
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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.