Property Attributes
- MLS#5977270
- TypeSingle Family
- Listing Status Active
- CountyHINSDALE
- CityLake City
- NeighborhoodOleo Ranch
- Zip81235
- StyleHouse
- Year Built1985
- Price$ 497,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage971
- Lot Size165.4 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Gunnison Cabin is the kind of place where mountain adventures naturally turn into evenings around the fire. Offering 2 bedrooms and 1 bathroom, this welcoming retreat features beautifully landscaped grounds, a fire pit for gathering beneath the stars, and inviting spaces designed for making memories. Inside, the spacious living room is the heart of the home, complete with built-in bunk beds that make hosting family and friends easy. The generous kitchen offers plenty of room to gather, highlighted by a charming farmhouse sink and ample workspace for preparing meals after a day spent exploring the ranch. Ownership extends beyond the cabin itself to approximately 160 shared acres at Oleo Ranch, where owners enjoy five private stocked lakes, Cebolla Creek frontage, open meadows, and forested terrain surrounded by National Forest and Wilderness. From trout fishing and hiking to horseback riding and quiet evenings by the fire, Gunnison offers more than a mountain getaway—it offers a place where traditions are made and memories last for generations.
| Elementary School | Middle School | High School |
|---|---|---|
| Lake City Elementary School | Lake City Middle School | Lake City High School |
| Price History | |
|---|---|
| 8/11/2026 | Listed $497,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Propane,Wall Furnace,Wood Stove |
| Cooling | None |
| Roof | Metal |
| Zoning | RAD 1 |
| Construction Materials | Log |
| Exclusions | none known |
| Year Built | 1985 |
| View | Meadow,Mountain(s) |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Corporation/Trust |
| Assoc Fee Paid Per | Annually |
| County | Hinsdale |
| Property Type | Residential |
| HOA | Yes |
| Attached Garage | No |
| Subdivision Name | Oleo Ranch |
| Full Baths | 1 |
| Status | Active |
| Directions | Directions from Creede: Leave Creede heading north on CO-149 toward Lake City. Continue approximately 24 miles past Freemon's Ranch and up toward Spring Creek Pass. Just before reaching Spring Cr |
| High School | Lake City |
| City | Lake City |
| Association Name | Oleo Ranch |
| Senior Community Y/N | No |
| High School District | Hinsdale County RE-1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7204824 |
| Listing Terms | Cash,Conventional |
| Elementary School | Lake City |
| Middle/Junior High School | Lake City |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Owner |
| Middle/Junior School District | Hinsdale County RE-1 |
| Elementary School District | Hinsdale County RE-1 |
Interior Features
| Flooring | Wood |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Family Room |
| Basement (Y/N) | No |
| Above Grade Finished Area | 971 |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| Total Baths | 1 |
Exterior Features
| Parking Features | Gravel |
|---|---|
| Lot Features | Borders National Forest |
| Water Source | Spring,Well |
| Total Parking | 2 |
| Lot Size Area | 165.4 |
| Building Area Total | 971 |
| Lot Size Acres | 165.4 |
| Road Surface Type | Gravel |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 81235
In The Neighborhood
Lake City
$ 477,000
- Type
- Single Family
- Size
- 704 SqFt
- Rooms
- 2 Beds + 1 Baths
Broken Arrow Ranch and Land Co LLC #9182708
Lake City
$ 477,000
- Type
- Single Family
- Size
- 732 SqFt
- Rooms
- 2 Beds + 1 Baths
Broken Arrow Ranch and Land Co LLC #9160548
Lake City
$ 477,000
- Type
- Single Family
- Size
- 671 SqFt
- Rooms
- 2 Beds + 1 Baths
Broken Arrow Ranch and Land Co LLC #8494887
Lake City
$ 727,000
- Type
- Single Family
- Size
- 1,434 SqFt
- Rooms
- 4 Beds + 2 Baths
Broken Arrow Ranch and Land Co LLC #3567365
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