#9313681, Dan Murphy, Listing office: M4 Ranch Group, LLC
$400,000 List price
628 Water St Lake City, CO 81235
2 beds
1 full
896 sqft
0.2 acres
$446 / sqft
House
Property details
About 628 Water St
Price reduced. Cute D-Log Cabin situated on 3 corner lots in the Ball Flats area of Lake City. The 896+/- sq. ft. cabin was originally constructed in 1981 and offers 2 bedrooms, 1 full bath, open kitchen/dining/living area, custom moss rock fireplace, electric baseboard heat, replaced original windows, covered front deck and partially covered back deck. The detached 24' x 32' 2-car oversized garage offers a workbench, bonus room with washer/dryer & pull out couch for extra guests, and is a great gathering place to enjoy a neighborhood fish fry with the bank of cabinets, countertop and kitchen sink. Please note that currently the isolated water/sewer lines to the unheated garage are not deep enough for winter use. The home will be sold fully furnished and ready to enjoy. Great location and within walking distance to the Lake Fork of the Gunnison River, 5th Street Pedestrian Bridge and downtown Lake City. Please contact broker to schedule your showing today.
Highlights
Home typeSingle Family Residence
HeatingElectric, Baseboard, Fireplace(s)
StatusActive
CoolingCeiling Fan(s)
Size896 sqft
Lot size0.21 Acres
Year built1981
ParkingDetached Garage
MLS #814532
Garage2 spaces
FireplaceFireplace Blowers, Den/Family Room
ViewMountain(s)
Summary
- Full Bathrooms: 1
- Appliances: Range, Oven, Refrigerator, Washer
- Basement: No
- Flooring Type: Carpet-Partial, Linoleum
- Interior: Window Coverings, Part Furnished, Ceiling Fan(s), W/D Hookup
- Fireplace: Fireplace Blowers, Den/Family Room
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached Garage
- View: Mountain(s)
- Exterior: Landscaping,Deck,Covered Porch, Garage
- Architectural Style: Ranch, Cabin
- Heating: Electric, Baseboard, Fireplace(s)
- Cooling: Ceiling Fan(s)
- List Price: $400,000
- Price/SqFt: $446
- Annual Tax Amount: $997
- Tax Year: 2023
- Lot: Corner Lot
- Directions: From Gunnison Avenue (Highway 149) turn onto 8 1/2 Street bridge into the Ball Flats area. Turn right (south) onto Water Street, drive two blocks to 7th Street. Cabin will be at the SE corner of 7th and Water Street on your left.
- Year Built: 1981
- Stories: 1
- Living Area: 896 SqFt
- Lot Size: 0.21 Acres
- MLS Number: 814532
- Office Name: Hall Realty, Inc.
- Listing Agent: Jeff Worthen
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $16,150 | $997 |
| 2022 | $18,200 | $1,107 |
| 2021 | $18,730 | $1,119 |
| 2020 | $16,300 | $931 |
| 2019 | $16,300 | $929 |
| 2018 | $16,410 | $948 |
| 2017 | $16,410 | $894 |
History based on county public records data.
Nearby schools
6
Ridgway Elementary School
Public District PK-5
26.1 mi
•1115 Clinton St
8
Telluride Intermediate School
Public District 3-6
28.5 mi
•447 W Columbia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $78,500. Most Lake City, CO residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
44%
35k-100k
32%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
6%
Single, with Kids
45%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
48%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Dillards
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Applebees
Hardee's
What do the neighbors drive?
Cadillac
Ram
Dodge
What do the neighbors listen to?
News/Talk/Information
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 628 Water St
The listing price of 628 Water St property is $400,000.
The property 628 Water St is a house located in Lake City, Colorado, 81235.
Active Listing: 628 Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 628 Water St are: Ridgway Elementary School (GreatSchools Rating 6/10), Telluride Intermediate School (GreatSchools Rating 8/10), Ridgway Middle School (GreatSchools Rating 7/10), Telluride Middle School (GreatSchools Rating 8/10), Ouray High School (GreatSchools Rating 7/10), Ridgway High School (GreatSchools Rating 8/10), Telluride High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $997 (source: MLS/based on county public records data).
The property at 628 Water St has 2 bedrooms and 1 bathroom.
The property 628 Water St is 896 SqFt (source: MLS/tax record).
The year of construction for 628 Water St is 1981.
This home is located at 628 Water St in Lake City, CO and zip code 81235. This 896 square foot home, which was built in 1981, sits on a 0.21 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 7, 2024 and is currently priced at $400,000.
The inventory of homes for sale in Lake City, CO between May and June 2025 increased by 12.5%. In June 2025, listings were on the market for 219 days. During the same period, the median list price in this real estate market was $887,000.
From Rocket Homes Real Estate and based on county public records data.