4804 S Pine Rd, Evergreen, CO 80439

Everyone dreams of living in the heart of Evergreen, walking distance to the lake. But with today's prices and rates, who can actually afford that? And finding anything with real income potential and a flexible floor plan for under a million is nearly impossible. Good news... this one checks every box. And it comes with an assumable FHA mortgage at 4.5%. Here's the play. Live in the lower unit, rent the upper on Airbnb, and let it pay for itself. The upper unit is exactly the kind of retreat people drive two hours to stay in with vaulted ceilings, open-concept kitchen with white cabinetry, tile backsplash, and pendant lighting, windows looking straight into the pines, in-unit washer and dryer, updated bathroom, and two bedrooms. The previous owner rented it for $3,000 a month long term. As a short term rental steps from Evergreen Lake, the upside is considerably higher with professional estimates of $4500+ per month. The lower unit is centered around a stone fireplace with a wood burning insert, two bedrooms, a fully updated bathroom, and its own private entrance with covered patio. Charming, self-contained, and comfortable enough that you'll actually want to live there while the upper unit pays your mortgage. This is a genuine, separately metered, two-unit duplex — two electric meters, two gas meters, two fully independent residences — with the flexibility to live as a single family if you choose. New siding, new roof, new drainage and landscaping, and newer mechanicals mean no surprises. The double lot gives you room to breathe, and multiple patios plus an outdoor kitchen make the property as enjoyable as it is functional. You can see Evergreen Lake from the deck. Golf course, downtown shops and restaurants, and the trail network are minutes away. Denver is 45 minutes down I-70.