1958 County Road 57
About This Property
Just five minutes from downtown Granby, this rare 40-acre parcel offers a once-in-a-lifetime opportunity to create your dream mountain retreat, family compound, or long-term investment. Zoned for up to three residential homes, the potential here is as expansive as the panoramic mountain views in every direction.
A high-quality Morton Building is already on-site, with approximately one-third thoughtfully finished into a stylish 1-bedroom, 1-bath barndominium. Complete with a compact kitchen, open living space, and rustic-chic finishes, this permitted living area is perfect for full-time use, a guest house, short-term rental, or as a comfortable basecamp while you build your dream home.
All the essential infrastructure is already in place: power is connected, a private well has been drilled, and a permitted septic system is installed. The remaining barn/garage space provides excellent flexibility for storage, workshop use, or conversion to equestrian or agricultural use.
The land itself is gently rolling, with wide-open views of the surrounding mountain ranges and excellent southern exposure. Secluded yet easily accessible, the property is just minutes from local shops, dining, schools, and year-round outdoor recreation. Whether you envision a private ranch, a boutique wedding or event venue, a multi-generational estate, or simply space to breathe and explore, this land offers the ideal canvas.
With location, views, and vision, this one-of-a-kind property has it all. Don't miss this exceptional opportunity to own a true slice of Colorado paradise in one of the state's most desirable mountain towns.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Jul 11, 2025 | Listed by Keller Williams Realty Downtown LLC | $899,000 | |
| Listed by Keller Williams Realty Downtown LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017