50
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1806 Wagon Wheel Rd
About This Property
The interior blends rustic character with functional space, highlighted by vaulted T&G ceilings, a wood fireplace, and a large covered deck for enjoying the mountain views. An open layout on the main floor connects the kitchen, dining, and living areas. A custom wood dining room table and large kitchen island create ample space for family and friends to gather.
The home is well-suited for short-term rental use. The primary suite features an attached office, walk-in closet and a private en-suite bath. The walkout lower level provides additional space with a family room, pellet stove, guest bedrooms, a separate rec room, storage rooms, and a workshop.
The separate rec/media room provides additional space for entertainment, overflow guests, or a dedicated retreat. Outdoor living is a major highlight, with covered and open decking that let you take in the surrounding forest and mountain views. The insulated garage/shop provides ample room for vehicles, gear, and workspace. Two ATVs are included with the sale for work and play around the property.
As part of Ranch of the Rockies, owners have access to a 25-acre private fishing reservoir, pavilion, dog park, trash service, on-site fire protection, maintained roads, RV storage, and on-site management. Ranch of the Rockies is your gateway to endless hiking, biking, rafting, camping, fishing, hunting, and four-wheeling. It is just a one-hour drive to Breckenridge Ski Resort. Outdoor enthusiasts will appreciate the proximity to Eleven Mile Reservoir, Spinney Mountain Reservoir, and the South Platte River, offering world-class fishing and recreation.
Centrally positioned between Buena Vista, Breckenridge, and Colorado Springs, this is a strong fit for a recreational basecamp, investment property, or private mountain getaway.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed | $825,000 | |
| Listed | |||
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Summit Realty, Inc | $799,500 | |
| Listed by Summit Realty, Inc | |||
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Incredible furnished mountain log home tucked away in the trees! This beautiful lodge retreat features vaulted wood and beam ceilings, stone fireplace with woodstove, oak and tile floors, large kitchen island, and 16X32 back deck and 9X56 covered deck from living room and master bedroom. Home comfortably sleeps 8-12 people! You will notice the large 26X40 insulated garage and workshop for all your projects and hobbies. This would make a great short term rental with income possibilities. The large windows in the home look out over trees and mountain landscapes that are amazing. Master bedroom is huge and has an attached office with en-suite bathroom. The walkout basement includes a large family room with pellet stove, cute bedroom and bonus sleeping room along with storage areas(9x23) and (16X24) that are all under roof. There is a spectacular separate media room that has all kinds of possibilities for entertaining or extra guests. Located in Ranch of the Rockies which is in the heart of Central Colorado. Centrally located close to Colorado Springs, Denver, Breckenridge, and Buena Vista. Recreational activities include world class fishing, hiking, skiing, biking, and exploring the national forest down the road. The HOA includes central trash service, dog park, pavilion, a 25 acre fishing reservoir for owners and guests. The area has a volunteer fire department, county maintained roads, post office boxes, and a full time ranch manager. This home is ready for you to start enjoying right away. There are too many features and extras to mention that make this home a special one of a kind mountain paradise! Come check it out.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017