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24932637
24932756

11555 Road 39, Mancos, CO 81328

MF
FA.100097898
Berkshire Hathaway HomeServices Colorado Properties
Listed by Berkshire Hathaway HomeServices Colorado Properties
$1,250,000
318 days on market
Updated 41 days ago

Starry Nights Ranch

Details
Property Type Mixed Use
Sub Type Bed and Breakfast, equestrian
Square Footage 4,096
Net Rentable (SqFt) 4,096
Units 6
Cap Rate 3.44%
NOI $42,970
Occupancy 62%
Price per SqFt $311
Broker Co-Op Yes
Year Built 1987
Year Renovated 2020
Buildings 3
Stories 2
Acreage 28.900
Zoning Residential
Investment Type Owner/User
Ground Lease No
Ownership Owner of Record

Income-generating property, offering a blend of natural beauty, functionality, and event capability

Marketing description

Discover your perfect escape with this income-generating ranch property, offering a unique blend of natural beauty, functionality, and event hosting potential. This venue is operating as a Bed and Breakfast with a 6+ year 5-star reputation in Mesa Verde Country, and has diverse revenue stream potential. The facilities could accommodate a range of gatherings, from weddings and corporate retreats to family reunions and community events.

Nestled just 4 miles outside of downtown Mancos, Colorado, this spacious retreat is surrounded by the serene and beautiful canyon country, filled with hidden cultural treasures and rich heritage. This property is 12 miles from Mesa Verde National Park, which attracts around 600,000 visitors per year.

The Main House: A spacious, open-concept design provides a welcoming area to relax and unwind. The rustic charm is enhanced with beautifully crafted warm wood accents and a free-standing fireplace as the centerpiece of the living area. The main house has had many upgrades, including new windows, new HVAC system, solar water heater, central vacuum, refinished floors, net-metered solar electric system, and roof repair. Each main-level bedroom, with bath ensuite, has its own thermostat for individual temperature control. A sauna awaits your company at the end of a long day adventuring.

A large and modern kitchen has been fully remodeled in the last three years, with new double electric oven, dishwasher, lighting, tile backsplash, and granite countertops. The gas fireplace in the kitchen adds warmth, making it a great space for entertaining, whether it be your bed and breakfast guests or friends and family.

In the finished basement, you’ll find a private and comfortable living/flex space and office with a stone fireplace. Also included are a master suite and additional bedroom with baths ensuite, laundry room and a two-car garage that allows for ample space to protect your vehicles from the elements.

The Guest Cabin: a charming, fully furnished, one-bedroom, one bath with loft sanctuary sits across the pond from the main house, providing just enough privacy to create a resort feel without isolation. The cabin has a full kitchen, net-metered solar electric system (separate from the main house), and gas log fireplace to provide heat and ambiance. With three decks, two on the west side and one on the east side, the cabin provides views of the La Plata mountains, the infamous Cassidy Canyon (known hideout of Butch Cassidy and gang), Mesa Verde National Park and Sleeping Ute.

Equestrian Facility: Ideal for horse enthusiasts, complete with pasture and loafing shed, a large, vaulted hay barn, stalls, and a corral. The property is partially fenced and ready for your horses.

This eco-conscious resort has been fully equipped with two net-metered solar electric systems to reduce electric costs, and even provide a rebate for power generated. There is a geo-thermal component to the power grid that the current owners have not explored. A delightful water pond with waterfall provides a centerpiece attraction for guests as they drive up to the property. The pond is fed by shares of Bauer Reservoir and provides habitat for native fish and aquatic fowl seasonally.

Whether you are seeking a peaceful getaway or an adventure-filled lifestyle in Southwest Colorado, this stunning mountain home and guest cabin offer an opportunity to create a passive income while enjoying the diverse amenities of Canyon Country.

Investment highlights

Operating for over 6 years with a prestigious five-star reputation, this establishment was honored as the Best B&B in Colorado for 2025 and offers a wealth of diverse revenue potential. The facilities could accommodate a range of gatherings, from weddings and corporate retreats to family reunions and community events.

Listing Contacts

MF
FA.100097898
Berkshire Hathaway HomeServices Colorado Properties
Listed by Berkshire Hathaway HomeServices Colorado Properties

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$42,970.00
$3,580.83/mo

Valuation Metrics

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DSCR
3.44%
Cap Rate
3.44%
ROI

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