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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

Market Trends

New Properties On Market
2,141
6% Decrease In New Listings
Average Asking Price
$650,971
$58,224 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$275
$12 Decrease In List Price/Sq. Ft.
Average Days On Market
23
20 Day Decrease In Days On Market
Data as of Jan 27, 2026. Remaining statistics above are calculated on activity within the period from Nov 01, 2025 to Dec 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 11/19/2025 at 5:09 pm