248 W Silver Ave, Crestone, CO 81131

• 4 beds |
• 3 baths |
• 2,412 sqft

Property Description

Location, location, location-this once-in-a-lifetime opportunity offers two income-producing properties in the very heart of downtown Crestone! Fronting W Silver Ave beside a park and year-round creek, this rare package blends a prime setting with versatile living and investment potential. The spacious main home reflects artistic Southwest design with an updated stone-accented kitchen, a decorative kiva-style fireplace paired with a large wood-burning stove, and soaring 16' ceilings in the great room. Expansive windows invite natural light and frame glimpses of the Sangre de Cristo Mountains, while sliding doors open to a private garden with raised beds, bamboo fencing, and space for outdoor dining or relaxation. Upstairs, a separate income-generating apartment offers its own private entrance, high ceilings, wood-burning stove, full kitchen, and a sunny deck for morning coffee or evening stargazing. With three bedrooms and generous living space, this "treehouse retreat" has thrived as a successful Airbnb averaging ~$3,000/mo and most recently as a long-term rental producing ~$1,800/mo. Also included is a charming one bedroom detached cottage, currently providing additional income, while a barn to the rear of the property offers appealing renovation potential. Set in the peaceful Deer Park area, the property is a natural sanctuary frequented by deer and shaded by mature trees, yet only steps from cafes, restaurants,Elephant Cloud market, art galleries, and community events. Whether you're seeking a spacious private residence, dependable rental income, or a visionary downtown live/work setup, this rare opportunity captures the best of Crestone living. Prior concept sketches explored mixed-use ideas; buyers should verify any commercial or redevelopment potential with the Town of Crestone and Saguache County. Property is being sold in as-is condition. Seller encourages inspections, but will not be offering inspection resolution concessions or repairs.

Listing Status:

Pending

Listing Office:

eXp Realty - ROCC : kellywestonrealtor@gmail.com,719-480-5347

Listing Agent:

Niamh Kelly-Weston : 719-480-5347

MLS ID:

2007933

Interior

• Heating: Wood StoveElectronic Air Filter

Construction

• Roofing: Fiberglass
• General: FrameTwo

Location

• Originating MLS: ires
• School District: Moffat 2
• County: Saguache

Lot

• Zoning: Residential

Utilities

• Utilities: Propane
• Water: Well
• Sewer: Septic Tank

Financial

• Source: ires
• Exclusions: Sellers & tenants personal property.

This listing courtesy of Niamh Kelly-Weston, eXp Realty - ROCC