601 Lincoln Avenue #R1A, Steamboat Springs, CO 80487 (MLS # S1067712)

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PRICE $975,000 BEDS 1 BATHS 1 HOME SIZE 796 sqft LOT SIZE 10,133 sqft Request More Info Schedule a Showing

This spacious, sunlit one-bedroom corner residence at Alpenglow Lofts offers exceptional volume and light Downtown Steamboat. An entry cove leads past a designated workspace to the great room with 11-foot ceilings and large windows that bring in steady natural light, creating an open living space that extends to a large covered terrace with views of Emerald Mountain and room for a hot tub. The kitchen is finished with maple cabinetry, soapstone countertops, a travertine backsplash, and stainless steel appliances. The lofted bedroom above the main living area enhances the sense of scale while maintaining separation from the main living space. The downtown location is within easy reach of Steamboat's restaurants and shops, the Yampa River, Emerald Mountain trails, parks, the rodeo grounds, summer concerts, and farmers' market, and just a short free city bus ride away from the Steamboat Ski Area and a designated underground parking space. Inquire for details. All transactions are subject to 0.25% transfer fee to the Yampa Valley Community Foundation for public arts, a tax deductible fee to be paid by Buyer at closing. The deed restriction controls who can live in the unit but not who may buy it. The occupant must be employed (self-employed ok) in Routt County at least 40 hours per week or earn 120% AMI or less (currently ~$125k for a two-person household). The occupant only needs to meet one of these criteria. Retirees qualify if they met the employment requirement five of the prior six years. The purchaser is not subject to an income or asset cap, does not need to be a resident, or Routt County employee, and there are no rules on the rent an owner may charge or the amount the property may appreciate. Potential buyers include employers looking for employee housing, families buying for adult children working in Routt, retirees who enjoy living in downtown Steamboat, or anyone who would benefit from having housing available to someone meeting the criteria.