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515 Lake Street, 
Rangely, CO 81648

$127,515


2

Beds


1

Bath


1,164

Sq Ft


Single Family

Active

Listed by

The Joe Reed Team

Reed Real Estate Group, LLC.

970-270-7505

Last updated:

May 11, 2026, 01:56 PM

MLS#

20261022

Source:

CO GJARA

About This Home

515 Lake Street

Charming and full of character, this adorable home sits right in the center of Rangely on a spacious 0.18-acre fully fenced lot. Local history suggests this may have been one of the earliest homes built in Rangely, giving it a unique story and timeless appeal. Inside, the home offers a great functional floor plan with 2 bedrooms, 1 bathroom, and multiple flexible living spaces. The large living room with bay window provides plenty of natural light, while the central flex room can easily serve as a second living area, dining room, office, or hobby space. The spacious kitchen has been nicely updated and features all newer appliances, offering plenty of cabinetry and workspace. The home also includes a convenient mud room entry, a large bathroom, and two comfortable bedrooms, each with sliding glass doors providing direct access to the outdoors. Many of the major updates have already been completed, including fresh interior and exterior paint (2024), new roof (2022), new gutters (2023), new appliances, new water heater, and a new water main meter. The home also includes fiber internet availability, a security system, a wall air conditioning unit, and mixed heating with a wall heater for the main living space and electric heat in the bedrooms. Outside, the property truly shines. The large fenced yard is a peaceful retreat filled with mature trees, fruit trees, and seasonal wildflowers, creating a beautiful outdoor setting throughout the year. A large storage shed provides additional space for tools, equipment, or hobbies. The home is in remarkably solid condition for its 1920 construction. Some cosmetic updates such as new flooring or personal touches could easily transform the space while preserving its classic character. If you're looking for a home with charm, history, and potential, this property is a wonderful opportunity—and one of the most affordable character homes available in Rio Blanco County!!!

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1920

Price Summary

127,515

$109 per Sq. Ft.

MLS #:

20261022

Last Updated:

May 11, 2026, 01:56 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,164 Sq. Ft.


Structure

Structure

Building Area:

1,164 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$127,515

Price per Sq. Ft:

$109 per Sq. Ft.

Source:CO GJARA
The information being provided by Grand Junction Area REALTOR® Association 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 Junction Area REALTOR® Association 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.