238 Springmeadow Way, Red Feather Lakes, CO 80545

One of a kind hand built eco friendly cabin and castle with majestic views and second to none craftsmanship. Nicknamed the "Owl Studio", this unique property will take your breath away as it is truly a work of art. Upon entering the studio, you will immediately notice the incredible details throughout, from the hand picked rock, to the hand built fireplace, every detail was carefully thought out. With a gothic architectural theme, the two structures are considered structural art due to meeting 3 criteria, elegance, efficiency, and economy. The 360 degree view paired with the warmth and care for detail leave you speechless. Inside the castle structure, you will find an operational half bath as well as rough-ins for a shower and kitchen. The property itself consist of 6.5 acres bordering national forest. Septic is installed and will accommodate a 4 bedroom house. In addition the seller has installed a 1,000 gallon cistern. There are several great building sites for a single family home should a Buyer wish to leave the existing structures as they are. The possibilities are endless for a property like this. Some possible uses immediately would include: nightly rental, art studio, videography studio, podcast studio, wellness retreat/yoga studio, and a high altitude training facility. Come take a look and see how truly special this property is.

• $525,000

• - Bedrooms, 1 Bathrooms

• Average Daily Rate: $256

• Expected occupancy rate: 72%

• Monthly expected income: $5,606

• Monthly expected expenses: $4,138

• Monthly expected cash flow: $1,468

• Expected cash on cash return: 12.2%

185 Serendipity Ln, Forest City, NC 28167

Awesome cedar sided cabin w/stunning mountain views on New Forest Mountain! Elevation of home is 1,860', so mountain living without the steepness. Private & peaceful setting. Sold w/all furnishings & personal belongings at no additional cost - just bring your clothes & toothbrush! Current owners have lovingly maintained this home & made it their own private oasis, now it's your turn to enjoy all it has to offer! Features include covered front porch, hardwood floors, kitchen w/upgraded counter tops & all new appliances in 2020, large pantry, dining area, gas-log fireplace, 2-story living area w/doors to full length covered deck, 1st floor BR, upstairs loft w/BR & sitting areas would make a great Primary BR, large windows afford a view from every room, workshop in basement area w/propane wall heater, encapsulated crawl space, and lower porch. New metal roof 2020. New 3-ton Trane Heat Pump 2021. Dual entrance driveway. Lots of Mountain Laurel. Gated community w/well-maintained roads.

• $359,900

• 2 Bedrooms, 2 Bathrooms

• Average Daily Rate: $211

• Expected occupancy rate: 70%

• Monthly expected income: $4,493

• Monthly expected expenses: $3,226

• Monthly expected cash flow: $1,226

• Expected cash on cash return: 14.8%

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