- For Sale $6,495,000
- Property Type Other
- Property Size 7,749 SF
- Units 14
- Lot Size 5.16 Acre
- Year Built 1938
- Year Renovated 2024
- Date Updated May 14, 2026
Description
Idaho Springs sits at the eastern gateway to Colorado's I-70 ski corridor — and Water & Stone Cabins is the best-positioned lodging asset to capture it.
Thirty minutes from Denver and with direct I-70 access, the property puts guests closer to more major ski resorts than any comparable lodging asset at this price point. Arapahoe Basin and Loveland are minutes up the road — the terrain of choice for serious Front Range skiers who know how to avoid the crowds. Continue west on I-70 and guests reach Copper Mountain in under 45 minutes, Keystone in roughly 50, and Breckenridge in just over an hour. No other mountain lodging property at this price point offers this range of options from a single address.
When the snow melts, the demand doesn't. Chicago Creek — which runs through the property — feeds directly into Clear Creek, one of Colorado's premier Class III-IV whitewater corridors. Guests wake up to the sound of the same water they can raft that afternoon. The Mount Blue Sky corridor, accessible via the scenic byway originating four minutes from the front door, draws hikers, mountain bikers, and photographers from the entire Front Range — and at 14,271 feet, it's the highest paved road in North America, making it a bucket-list drive for visitors from across the country. St. Mary's Glacier offers year-round snowshoeing and backcountry access just minutes away. The fall foliage season along Chicago Creek is among the most spectacular within 45 minutes of Denver — and chronically undersupplied in terms of quality overnight lodging.
The Argo Gondola opens in May 2026 — and it changes the calculus entirely. Projected to draw 500,000-700,000 visitors annually, it converts Idaho Springs from a highway exit into a genuine year-round destination. The property is four minutes from the gondola base. This is the most significant demand catalyst in the history of Idaho Springs tourism. A buyer who moves quickly acquires at today's pricing — before 500,000 additional annual visitors are reflected in the market.
The corridor also benefits from a well-established destination wedding and event market. The immediate area has hosted high-volume wedding and event activity for over 15 years, generating consistent group lodging demand that the local market has never had adequate quality inventory to absorb. Water & Stone, as the premier lodging property in the immediate corridor, is the natural beneficiary of that overflow — and a new operator with any focus on group sales could formalize what has historically been organic demand.
Idaho Springs is not a seasonal market dependent on one activity or one operator. It is a four-season basecamp for the Colorado Rockies, and Water & Stone is the best address in it.
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Contacts
Kris Manthos
Colorado Commercial Advisors
Location
Contact Listing Broker
Kris Manthos
Colorado Commercial Advisors