cascadefalls
rainbow
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Price $699,900
Status Active
Beds 2
Baths 1 Bath
Home size 1,166 sqft
Lot Size 10.00 ac
Days on Market 2
Tucked away in the forest just east of Custer, this charming A-frame cabin is quickly becoming a favorite short-term rental (STR). In just five months of launching on AirBNB, this property has generated nearly $40,000 in income with an average nightly rental rate of $247. With such a strong start, it's exciting to think about the potential for even greater returns in the years ahead. What makes this property even more unique, is its location. The neighboring property is planning to launch an outdoor event venue for concerts, weddings, and reunions, making this the closest rental in the area and will benefit from increased demand. Situated on 10 acres and surrounded by U.S. Forest Service land on three sides, the property also offers potential for expansion, with space for RV sites, additional cabins, and tent camping. The sellers have already made several upgrades to the cozy A-frame including new luxury vinyl flooring on the main level, a bathroom renovation, a new back deck, updated kitchen appliances (sink, refrigerator, gas range), a wood-burning stove, and a new chimney liner in the living room. Additionally, a propane forced-air furnace has just been installed, allowing the cabin to be rented year-round"”a significant advantage, as only 14% of Custer's short-term rentals stay open during the winter months. Can't you envision the peaceful sight of snow falling outside those big windows and the cozy, serene moment with loved ones?
Property Type(s): Single Family
Last Updated 10/21/2024 Year Built 1969
County Custer

SCHOOLS

School District Custer

Additional Details

APPLIANCES Gas Oven, Gas Range, Microwave, Refrigerator
CONSTRUCTION Frame
FIREPLACE Yes
HEAT Forced Air, Propane, Wood Stove
INTERIOR Vaulted Ceiling(s)
LOT 10 acre(s)
LOT DESCRIPTION Wooded
STYLE A Frame
 

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Listed with Aspen+Pine Realty

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This data is up-to-date as of 10/22/24 4:27 PM PDT.

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