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Buy it for the view. Hold it for the numbers. Lakefront scarcity $725,000

420 ELLSWORTH unit: 5, Grand Lake, CO 80447

2 br, 2.0 ba, 1985 1130 sf
Grand County
Ad #: 7277866

Lake Condo For Sale

Buy it for the view. Hold it for the numbers. Lakefront scarcity, downtown convenience, documented income. This is the kind of property that works on paper and in person. True lakefront in the heart of town. Eagles Landing Unit 5 sits directly on the shores of Grand Lake with stunning water views. Step outside and you're one block from the boardwalk, dining, festivals, concerts in the park, and Rocky Mountain Repertory Theatre. Lakefront and downtown - a rare combination that consistently performs. Strong rental history from 2018-2025 demonstrates consistent income, with peak revenue exceeding $48K. This is a proven short-term rental asset in one of Colorado's most walkable lake communities. Recent updates include: All new kitchen appliances (2023), washer/dryer (2023), water heater (2019), updated fixtures, door lock (2023), and new king and queen mattresses (2025). Turnkey and ready for continued operation. The HOA is financially proactive, planning ahead for a future roof replacement and collecting accordingly to help avoid special assessments an important long-term detail for investors. Two bedrooms, two full bathrooms, a great deck off of the front that overlooks the lake, in unit sauna and covered parking space all make this a fantastic property.

Property Details

  • Beds: 2
  • Baths: 2.0
  • Sq Feet: 1130
  • Year Built: 1985
  • Location: Grand Lake
  • Waterfront: Yes
  • Lakeview: Yes
  • ViewTypes: Lake
  • County: Grand County
  • Community: EAGLES LANDING CONDOS
  • Garage: Assigned
  • Siding: Frame
  • Roof:
  • Fireplaces: Has Fireplace
  • Property Taxes: $2,696
  • MLS #: 26-177
  • Unit Number: 5

Location

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Contact Information:

Contact Agent
Listing Agent: Nancy DuLac, RE/MAX Peak to Peak, 970-531-2635, 970-726-5700 Listing Site, Listing Status: Active
Copyright © 2025 Grand County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Condo For Sale in Grand Lake, Colorado
Ad Number : 7277866
Viewed: 4 times
Added: Feb 16, 2026
Updated on: Feb 16, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.