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Stephanie Watson

stephwats1@hotmail.com +1(970) 373-9077

$ 799,000

Est. payment | -/mo

2 Beds

2 Baths

1,203 SqFt

Save Virtual Tour

$ 799,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,203 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,203 sqft

Subdivision Lohi

MLS Listing ID IRE2790998

Style Contemporary

Bedrooms 2

Full Baths 1

Three Quarter Bath 1

HOA Fees $804/mo

HOA Y/N Yes

Year Built 2019

Annual Tax Amount $4,583

Tax Year 2024

Property Sub-Type Condominium

Source ires

Property Description

Positioned atop Espadin, LoHi's only condominium hotel, Residence 503 presents a rare opportunity to own a penthouse serving as both a private residence and income-producing asset. Unlike a traditional condominium, ownership allows you to enjoy the home whenever desired while benefiting from managed short-term rental income that has historically netted approximately $50,000 annually. Developed as a first-of-its-kind concept in Denver, Espadin merges hospitality, architecture, and sustainable living under one roof. LEED Platinum certified and designed for urban living, the building occupies a coveted position in the heart of LoHi, moments from Denver's celebrated restaurants and entertainment destinations. Inside, floor-to-ceiling glass frames views of the Denver skyline and Front Range. Natural light fills the residence from morning to sunset, highlighting refined finishes and contemporary detailing. The open-plan living space flows into a sleek kitchen and private balcony, creating an ideal setting for daily living and hosting guests. Above, a private rooftop terrace extends living outdoors. Complete with a built-in grill and fire pit, it serves as an elevated retreat for sunset dinners, quiet mornings, and evenings overlooking city lights. The flexible floor plan maximizes owner enjoyment and rental performance. The primary suite accommodates multiple sleeping arrangements, while the secondary bedroom and two baths allow the home to comfortably host larger groups. For owners seeking a hands-off experience, JZ Management provides concierge-style hospitality services, handling bookings, guest communication, cleaning, maintenance coordination, and day-to-day operations. The result is income potential without the demands of managing a short-term rental. Offered fully furnished and potentially including existing reservations, Residence 503 is a turnkey opportunity in one of Denver's most sought-after neighborhoods-a luxury penthouse that pays you to own it.

Location

State CO

County Denver

Community Lohi

Area Metro Denver

Rooms

Basement Structural Floor

Interior

Interior Features Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Kitchen Island

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Gas Bar-B-Q, Disposal, Fire Alarm

Exterior

Exterior Feature Balcony

Parking Features Detached

Garage Spaces 1.0

Utilities Available Electricity Available, Cable Available

View Y/N Yes

View Mountain(s), City

Roof Type Composition

Porch Patio, Deck

Garage Yes

Building

Lot Description House Faces West, Paved, Gutters

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories One

Structure Type Brick,Composition,Wood Siding,Concrete

New Construction false

Schools

Elementary Schools Edison

Middle Schools Skinner

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://u.listvt.com/mls/248500281

Information and Real Estate Services (IRES)

Listed by John Watts

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(970) 373-9077

stephwats1@hotmail.com

Learn More About LPT Realty

2880 Zuni #503 Denver, CO 80211