420 Ellsworth Unit 5, Grand Lake, CO 80447

$725,000
2
BD
2
BA
1,130
SqFt

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Sold Price
$725,000
List Price
$725,000
Closing Date
Apr 07, 2026
Days on Market
50
Status
CLOSED
MLS#
26-177
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,130
Year Built
1985

Property Description

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.

Additional Information

Area
Grand Lake Area
Subdivision
EAGLES LANDING CONDOS
Taxes
$2,695
Subdivision
EAGLES LANDING CONDOS
Middle School
East Grand
Garage Spaces
1
High School
Middle Park
Living Area
1,130
Baths Full
2
Elementary School
Granby

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nancy DuLac from Listing Office: Re/Max Peak to Peak.

Selling Office: .

Listing data provided by Grand County BoR MLS as of . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.