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9 Beds
10 Baths
1,863 sqft

$1,600,000

988 Pumping Plant Rd aka GCR 64, Grand Lake CO, 80447

Price per sqft$858.83
Built in1977
Property size1,863 sqft
Property typeResidential

Overview

Active

Listed May 16, 2026

Updated 4 weeks ago

A rare 0.98-acre property at the north end of Lake Granby with expansive south-facing views across the water. The property includes two residences: a two-bedroom, Two-bath rental home with a full kitchen, living room and dining area, plus a four-bedroom home with 1.5 baths, a full kitchen, living room and dining room. Three additional cabins each offer electricity, running water, a full kitchen and seating area, but no private bathrooms. A separate bathhouse provides men's and women's toilets and showers. Existing infrastructure includes 3 water taps and 4.25 sewer taps, adding flexibility for continued use, renovation or future redevelopment. A buyer may explore subdividing the property into three individual homesites, developing a multi-family concept, or preserving and improving the existing cabin structures for continued use. The property has multiple residential improvements, including two larger single-family structures and several smaller cabin-style buildings. Multi-family housing could serve a clear market need, while three individual lakefront homes would likely command premium pricing given the scarcity of buildable lake-front property and the strength of lifestyle-driven demand around Lake Granby. For a developer, builder, investor, or long-range landholder, this is the type of property where the value is not limited to what exists today. The real opportunity is in the next use: lake-front residential, small-scale multi-family, or a refreshed cabin compound in one of Grand County's most recognizable recreation corridors. Buyer to verify zoning, allowable uses, density, subdivision potential, tap status, tap transferability, utility fees, building requirements, and all development approvals with Grand County, Three Lakes Water & Sanitation District, and applicable agencies.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-602

Interior Features

Bedrooms
9
Bathrooms
10
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.98 Acres

Other Property Details

Taxes
$8,281
Tax Frequency
Annually
View
Yes

 

Courtesy of Re/Max Peak to Peak, John Sanderson,
Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brenda Freeman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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