Attention Investors & Dream-Home Seekers! An incredible opportunity in prime Teepee Town awaits! This stunning bilevel house sits on a spacious 4,326 sq ft lot zoned TPT-CR, offering exceptional multi-residential development potential including duplexes, triplexes, fourplexes, townhouses, stacked townhomes, accessory suites, and more — all subject to city approval.Enjoy an open-concept main floor with a cozy fireplace, modern kitchen, and breathtaking 360° mountain views. The separate-entry illegal basement suite boasts high ceilings, heated floors, and abundant natural light — ideal for rental income or guests.Currently rented for $5,500/month, this house delivers immediate cash flow while offering outstanding future redevelopment possibilities.The zoning also supports a variety of discretionary uses including B&Bs, care facilities, cultural spaces, daycare centers, and public buildings (subject to city approval).Located just a short walk from downtown, restaurants, parks, and all amenities, this rare house perfectly combines charm, income, and tremendous investment upside. Don’t miss out on this exceptional chance to invest and grow in Teepee Town! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,209 sq. ft.112 m2
Finished Area Above Grade:
1,209 sq. ft.112 m2
Zoning:
TPT-CR
Taxes:
$4,510 /
2025
Community:
Teepee Town
Exterior Features:
Stucco, Vinyl siding
Structure Type:
House
Appliances Included:
Refrigerator, Gas stove(s), Dishwasher, Microwave, Washer & Dryer
Data was last updated August 30, 2025 at 12:45 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,038,450
Min list price:
$195,000
Max list price:
$2,047,500
Avg days on market:
127
Min days on market:
31
Max days on market:
203
Avg price per sq.ft.:
$541.14
These statistics are generated based on the current listing's property type
and located in
Teepee Town. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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