928 Ocean Wave Dr Lake City, CO 81235
Property details
About 928 Ocean Wave Dr
Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 7
- Appliances: Range, Oven, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Tile, Linoleum, Laminate
- View: Mountain(s)
- Heating: Electric, Other
- List Price: $600,000
- Directions: Call office, must have an appointment
- Lot Size: 0.5 Acres
- MLS Number: 812223
- Office Name: Murphy Real Estate
- Listing Agent: Michael Murphy
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Price information
Property sales
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Nearby schools
6
Ridgway Elementary School
Public District PK-5
26.1 mi
•1115 Clinton St
8
Telluride Intermediate School
Public District 3-6
28.6 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. Residents of Lake City, CO typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Frequently asked questions
About 928 Ocean Wave Dr
The listing price of 928 Ocean Wave Dr property is $600,000.
The property 928 Ocean Wave Dr is a multi located in Lake City, Colorado, 81235.
Active Listing: 928 Ocean Wave Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 928 Ocean Wave Dr 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).
This home is located at 928 Ocean Wave Dr in Lake City, CO and zip code 81235. Features: 8 bathrooms. It has been listed on Rocket Homes since April 4, 2024 and is currently priced at $600,000.
In June 2025 in Lake City, CO there were 12.5% more homes for sale than in May. In June 2025 median list price was $887,000 and the average listing age was 219 days.