Is This The Most Expensive Tiny Home Ever? 713-Square-Foot Cabin Lists For $1.25M
A tiny cabin in Crested Butte, Colorado, measuring just 713 square feet has hit the market for $1.25 million – or $1,753 per square foot.
Don’t Miss:
While some might question the small house‘s value, listing agent Jenna May of Bluebird Real Estate believes the price is justified.
“The replacement cost to build the home now would be a minimum of $1,000 per square foot, plus it’s on 10.33 acres and has deeded water rights,” she said. “There is a property on the other side of the road on barely over an acre that went for $890,000. This one is on more than 10 acres, which is rare to find in the community of Irwin.”
Trending: Warren Buffett once said, “If you don’t find a way to make money while you sleep, you will work until you die.” These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever.
May describes the property as “magical,” noting that it attracts a lot of wildlife, including moose, bears, foxes, beavers, deer and many birds native to the area.
“It’s a really intriguing and enticing place to go,” she said. “I think the next buyer will be an outdoorsy person for sure. A lot of extreme people have been attracted to it as well.”
The mountain retreat could be outfitted with Wi-Fi, although the seller chose not to install it.
“You can be as plugged or unplugged as you like,” May said.
See Also: Elon Musk’s secret mansion in Austin revealed through court filings.Here’s how to invest in the city’s growth before prices go back up.
Because of its remote location in the Rocky Mountains, access to the cabin is challenging in the winter.
“They close the road in late October and don’t maintain it,” May said. “That’s why the listing says it has seasonal access. The seller had to snowmobile to and from the property for years because it’s a dirt road that’s not paved.”
The solution? The fully furnished home comes with a Polaris 550 fan-cooled snowmobile for getting around the small town of Irwin in the winter.
“It’s only about 20 minutes to downtown Crested Butte,” May said. “Irwin is an old mining town with a lot of history. It’s a community where people live full-time, and the seller used it as her primary residence, but if someone wanted to use it only in the summer, they could do that as well.”
Built in 1942, the two-bedroom cabin blends rustic charm and modern amenities. The owner, who purchased the property in the early 2000s, has made significant updates.
A stone patio is perfect for entertaining guests, and custom metal railings inside and out add a touch of contemporary style.
Trending: A billion-dollar investment strategy with minimums as low as $10 —you can become part of the next big real estate boom today.
Solar panels and a propane refrigerator provide essential amenities, while a wood-burning stove and extra wood ensure warmth. The cabin has exposed beams, cathedral ceilings and hardwood floors. Hand-carved wood accents around the windows and doors add character.
“One of the most impressive features is the views that you get from the wraparound deck,” May said. “The surrounding environment is very lush and overgrown, but it’s really beautiful. It’s just a really neat environment up there.”
Read Next:
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Leave a Reply