Residential · Active

951 N Highway 149

Lake City, CO 81235

5 Beds · 5 Baths · 5,494 Sq Ft

$1,495,000

Single Family

Property Type

1.14 acres

Lot Size

1966

Year Built

$272

Price per Sq Ft

834450

MLS #

About This Property

Set on 1.139± acres, The Broadaxe is a rare and versatile multi-family property offering breathtaking views, thoughtful architectural details, and endless opportunity. Perched on a hillside, the property captures sweeping vistas of Round Top and Red Mountain while providing a peaceful setting where you can even hear the nearby river. The main residence is both spacious and inviting, featuring two bedrooms, two bathrooms, and two flexible spaces that can easily serve as offices, art studios, or additional bedrooms. Inside, the home is filled with natural light from abundant windows, highlighting the beautiful oak flooring and impressive wood beams throughout.

Two separate living areas provide comfort and character—one centered around a cozy wood-burning stove, the other showcasing a striking stacked-stone fireplace. The kitchen is efficiently designed and overlooks one of the living spaces, creating a warm, connected atmosphere with room for dining. French doors lead directly from the kitchen to a scenic deck, perfect for enjoying the surrounding views. The home also offers a large laundry room, several spacious storage areas, some of which are heated, and access to an unfinished attic that has already been plumbed for a bathroom, presenting an excellent opportunity for future expansion.

A charming library hallway connects the main home to the guest quarters, which can be closed off for privacy. This space includes two bedrooms, one bathroom, a dining area, and an efficiency kitchenette complete with a refrigerator, microwave, and sink. The living room here is especially inviting, with a floor-to-ceiling stacked-stone fireplace that adds warmth and character. Attached to the main home is a spacious one-bedroom, two-bath apartment with its own private entrance and a large deck.

This unit features wood flooring, exposed ceiling beams, a dedicated laundry room, and an updated kitchen with stainless steel appliances. A Rinnai heater ensures efficient comfort, making this space ideal for extended family or rental income. In addition, a detached studio apartment provides even more flexibility. With a two-room layout and a bathroom, it can serve as guest accommodation, a creative workspace, or an additional income-producing unit.

The outdoor setting is equally appealing, with mature trees, a lush lawn, and vibrant flowerbeds that bloom with daisies and perennials throughout the summer months. A sprinkler system was recently installed to maintain the landscape’s beauty and greenery. The location offers both convenience and charm. The property is within walking distance to the river, as well as a bakery, grocery store, and service station.

Just a short drive away, the historic town of Lake City provides a variety of restaurants, shops, and recreational opportunities year-round. Whether envisioned as a private family retreat, a multi-generational home, or an income-producing investment, The Broadaxe presents a unique opportunity to own a truly special property immersed in local history in an exceptional setting.

175 days on market

Listed by Murphy Real Estate · 719-849-1441

Last updated: 5/27/2026 11:08 AM · Source: Colorado Real Estate Network (CREN), MLS#: 834450

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $272
Subdivision None
MLS # 834450
Days on Market 175
Bedrooms 5
Full Baths 1
Half Baths 1
Three-Quarter Baths 3

More Details

Year Built 1966
Lot Size (Sq Ft) 49,615
Acres 1.139
Annual Taxes $3,367
Tax Year 2025
State CO
County Hinsdale
Zoning Other

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s), Part Furnished, T&G Ceilings
Heating Baseboard, Fireplace(s), Floor Furnace, Wood Stove
Flooring Hardwood, Tile
Fireplace Features Den, Living Room, Wood Burning Stove
Appliances Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior & Parking

Exterior Features Lawn Sprinklers
Garage No
Roof Metal

Building & Lot

Architectural Style Ranch
Construction Wood Siding, Wood Siding
New Construction No

Location

Price History

DateEventPrice
5/20/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834965
$1,495,000 $272/sqft
5/7/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834450
$1,495,000 $272/sqft

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated May 27, 2026 at 11:08 AM.

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