Residential · Active

116 N Gilbert Street

Castle Rock, CO 80104

3 Beds · 2 Baths · 1,649 Sq Ft

$649,900

Single Family

Property Type

0.15 acres

Lot Size

1950

Year Built

$394

Price per Sq Ft

9236633

MLS #

About This Property

Turnkey Investment Opportunity in the Heart of Downtown Castle Rock!

Calling all investors! This fully furnished, income-producing property in one of the fastest growing and most desirable locations in the country, offers an incredible opportunity to step into an established short-term rental with a proven track record. Having already generated nearly $60,000 in gross rental revenue in its first year, this property is ready for its next owner to hit the ground running!

Ideally located in the heart of downtown Castle Rock, just minutes from local restaurants, shopping, entertainment, and charming Main Street hosting countless events, this home offers the convenience and character that make it an attractive destination for visitors.

Being sold fully furnished, this property comes ready to continue operating as an Airbnb, eliminating the time, expense, and hassle of furnishing and setting up a rental from scratch. Recent updates, including new basement flooring, add to its appeal. The turf in the front and back yard- all from the Air Force! How many downtown locations in Colorado still offer the opportunity to obtain a STR license? This location couldn't be more perfect.

Whether you’re looking to expand your investment portfolio, purchase your first short-term rental, or enjoy a downtown getaway with income potential, this is an opportunity you won’t want to miss.

12 days on market

Listed by Tayler Streeter · Bodie Lane Homes · tayler@bodielanehomes.com,303-918-6676

Last updated: 11/7/2026 12:05 PM · Source: REcolorado®, MLS#: 9236633

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Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $394
Subdivision Memmens
MLS # 9236633
Days on Market 12
Bedrooms 3
Full Baths 2

More Details

Year Built 1950
Lot Size (Sq Ft) 6,578
Acres 0.15
HOA No
Annual Taxes $2,694
State CO
County Douglas

Interior

Heating Forced Air
Cooling Central Air

Exterior & Parking

Exterior Features Fire Pit, Private Yard
Roof Shingle

Building & Lot

Basement Finished
Levels One
Construction Concrete, Frame, Vinyl Siding
Sewer Public Sewer

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
10/28/2026 Listed for sale
Source: REcolorado® #9236633
$649,900 +16.1% $394/sqft
8/6/2025 Sold
Source: REcolorado® #5602743
$560,000 +1.8% $340/sqft
6/26/2025 Listed for sale
Source: REcolorado® #5602743
$550,000 $334/sqft

Based on information submitted to the MLS GRID as of November 9, 2026 at 5:30 PM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated November 7, 2026 at 12:05 PM.

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