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201 Box Elder Avenue, Paonia, CO 81418

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For Sale

$789,000

7 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Charming Multi-Unit Apartment Facility in Scenic Paonia, Colorado. Experience the rare opportunity to own a beautifully maintained multi-apartment property in the heart of Paonia, a vibrant community nestled in the North Fork Valley on Colorado s Western Slope. This expansive residence features four fully furnished and equipped units, each complete with its own full kitchen, living room, bathroom, and in-unit washer and dryer move-in ready for residents or tenants. The floor plan offers versatility: one spacious two-bedroom apartment ideal for families or longer stays, and three additional one-bedroom units, each designed for comfort and convenience. Large windows flood every unit with natural light, while private decks and patios create seamless indoor-outdoor living. A fenced courtyard provides a peaceful backyard retreat perfect for gatherings, relaxation, or quiet enjoyment. One unit also includes a non-conforming basement bedroom that easily doubles as a home office, guest space, or oversized storage area. Tasteful renovations over the years have enhanced both the interior and exterior while preserving the property s charm and functionality. Ample off-street parking, thoughtful storage solutions, and modern updates throughout add to its appeal. Situated beneath the majestic West Elk Mountains, this property offers easy access to Paonia s celebrated lifestyle farm-to-table dining, boutique shops, wineries, art galleries, and endless outdoor recreation. With its prime location and thoughtful design, this property presents exceptional investment potential: ideal for long-term rentals, short-term accommodations, employee housing, or even a live-work arrangement in a thriving small-town setting. Don t miss the chance to own a unique multi-unit gem in one of Colorado s most picturesque and welcoming mountain towns.
MLS# 20254636

Courtesy Of NEEDLEROCK MOUNTAIN REALTY & LANDS, LLC

(970) 921-5331

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dryer, Microwave, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Hardwood, Laminate, Tile, Vinyl
  • Lot Size
    0.35 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
Learn More About Us

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Copyright © 2025 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.