Kelly Place is a well-known, successful bed & breakfast/retreat center situated on 38 acres bordering Canyon of the Ancients National Monument in beautiful McElmo Canyon near Cortez, Colorado. The property encompasses a total of 12 guest rooms, two full-service (30 amp) RV sites, two limited service sites, four tent camping sites, a retreat center, full-service kitchen, guest dining room, laundry facilities, office, outdoor patios, archaeological sites, hiking trails, apple orchard, fruit trees, and more. The property also includes a three-bedroom onsite owners quarters. The McElmo Canyon area is a destination in-and-of-itself. Just a few miles Southwest of downtown Cortez, the area is filled with lush farms, orchards, wineries, the Sand Canyon Trail system, and access to Canyon of the Ancients National Monument. Mesa Verde National Park is just a short drive East of the property. Kelly Place has been run by the current ownership for over 15 years and has an excellent track record with strong financials. The bed & breakfast was founded in 1981, and can be found in most international travel guides. This is a unique opportunity for those looking to take over a profitable business in a spectacular setting living the bed & breakfast lifestyle.
MLS# | 753510 |
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Sub-Type | Resale |
Status | Active |
Year | 1960 |
Days On Site | 28 |
SQ Feet | 7,800 |
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Story(s) | 2 |
Units | 20 |
Zoning | Commercial |
Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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Date: Sep 2018 | Sales: 2 | Avg $ Per SqFt: $103.39 | Min Sale Price: $107,900 | Max Sale Price: $295,000 | Med Sale Price: $201,450 |
Date: Aug 2018 | Sales: 2 | Avg $ Per SqFt: $117.28 | Min Sale Price: $169,900 | Max Sale Price: $190,000 | Med Sale Price: $179,950 |
Date: Jul 2018 | Sales: 3 | Avg $ Per SqFt: $99.99 | Min Sale Price: $141,350 | Max Sale Price: $450,000 | Med Sale Price: $165,000 |
Date: Apr 2018 | Sales: 2 | Avg $ Per SqFt: $127.82 | Min Sale Price: $188,000 | Max Sale Price: $270,000 | Med Sale Price: $229,000 |
Sep 2018 | |
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Sales: | 2 |
Avg $ Per SqFt: | $103.39 |
Min Sale Price: | $107,900 |
Max Sale Price: | $295,000 |
Med Sale Price: | $201,450 |
Aug 2018 | |
Sales: | 2 |
Avg $ Per SqFt: | $117.28 |
Min Sale Price: | $169,900 |
Max Sale Price: | $190,000 |
Med Sale Price: | $179,950 |
Jul 2018 | |
Sales: | 3 |
Avg $ Per SqFt: | $99.99 |
Min Sale Price: | $141,350 |
Max Sale Price: | $450,000 |
Med Sale Price: | $165,000 |
Apr 2018 | |
Sales: | 2 |
Avg $ Per SqFt: | $127.82 |
Min Sale Price: | $188,000 |
Max Sale Price: | $270,000 |
Med Sale Price: | $229,000 |
Area Information | |
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State | CO |
City | Cortez |
Zip Code | 81321 |
Area | Montezuma County Rural SE |
Listing VS Median (in 81321) | |
Price: $1,350,000 low | high Med: $176,750 100% of Average SqFt: 7,800 low | high Med: 676 100% of Average $ / SqFt: $173 low | high Med: $66 100% of Average On Site: 28 low | high Med: 480 5.833333333333% of Average |
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