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$990,000
Address Hidden
2,850
Square Feet
Located on a quiet cul-de-sac just steps from Longmont's beautiful McIntosh Lake, 1746 Cove Court presents a turn-key memory care residence with strong cash flow and expansion upside. The property is currently licensed for 8 residents at an average private-pay rate of $5,600 per bed, generating an estimated net operating income of over $100,000 annually for an owner-operator without rent expense. The owner has already submitted plans to FGI to expand the capacity to 12 residents, providing meaningful revenue growth potential. The single-level, 3,048 sq. ft. floor plan offers large private bedrooms, an open living and dining area, and a peaceful covered patio. Surrounded by walking paths and lake views, this location blends comfort and serenity with easy access to parks, shopping, and healthcare services-an ideal boutique senior living investment in one of Longmont's most desirable neighborhoods.
Offered By
Vern Harris vern@grandavenueventures.com,1 303-888-0078, A Better Way Realty
Property Details
Property Type
Residential
Status
Active
Property Sub Type
Residential-Detached
Square Feet
2,850
MLS #
1787485
Appliances
Double Oven, Dishwasher, Refrigerator, Microwave, Disposal
FIREPLACE FEATURES
Single Fireplace
Heating
Forced Air
Cooling
Central Air
SEWER
City Sewer, Public Sewer
WATER SOURCE
City Water
Year Built
1975
ARCHITECTURAL STYLE
Ranch
Roof
Composition
Garage spaces
2
View
Water
SUBDIVISION
Longmont Estates Lakeshore
AREA
Longmont
SENIOR COMMUNITY
No
TAX AMOUNT
4016.0
LATEST UPDATE
2025-11-19T20:28:42.556Z
DAYS ON MARKET
8
PRICE CHANGE(S)
$990,000 Nov 12, 2025
CUMULATIVE DAYS ON MARKET
8
Property Details
Property Type
Residential
Status
Active
Property Sub Type
Residential-Detached
Square Feet
2,850
MLS #
1787485
New Properties On Market
4,049
17%
Decrease In New Listings
Average Asking Price
$676,500
$14,728 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$281
$3 Decrease In List Price/Sq. Ft.
Average Days On Market
6
22 Day
Decrease In Days On Market
Data as of Nov 30, 2025.
Remaining statistics above are calculated on activity within the period from Oct 01, 2025 to Nov 30, 2025.
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Property data was last updated on 11/19/2025 at 5:09 pm