For Sale House MLS# 9236633

116 N Gilbert Street

Castle Rock, CO 80104

$649,900

recolorado-bridge logo

Take the tour

About 116 N Gilbert Street

Turnkey Investment Opportunity in the Heart of Downtown Castle Rock!

Calling all investors! This fully furnished, income-producing property in one of the fastest growing and most desirable locations in the country, offers an incredible opportunity to step into an established short-term rental with a proven track record. Having already generated nearly $60,000 in gross rental revenue in its first year, this property is ready for its next owner to hit the ground running!

Ideally located in the heart of downtown Castle Rock, just minutes from local restaurants, shopping, entertainment, and charming Main Street hosting countless events, this home offers the convenience and character that make it an attractive destination for visitors.

Being sold fully furnished, this property comes ready to continue operating as an Airbnb, eliminating the time, expense, and hassle of furnishing and setting up a rental from scratch. Recent updates, including new basement flooring, add to its appeal. The turf in the front and back yard- all from the Air Force! How many downtown locations in Colorado still offer the opportunity to obtain a STR license? This location couldn't be more perfect.

Whether you’re looking to expand your investment portfolio, purchase your first short-term rental, or enjoy a downtown getaway with income potential, this is an opportunity you won’t want to miss.

Property details

Property

Type
Single Family Residence
MLS type
Residential
Status
Active
Year built
1950
Stories
1
Living area
1,649 sqft
Price / sqft
$394
Lot
0.15 AC / 6,578 SF
Full baths
2
MLS #
9236633

Interior

Features
Finished
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit

Exterior & lot

Features
Fire Pit, Private Yard
Roof
Shingle

Schools

District
Douglas RE-1
Elementary
South Ridge
Middle
Mesa
High
Douglas County

Utilities

Sewer
Public Sewer

Financial

Annual tax
$2,694
Parcel
R0453842
Special conditions
None Known

Location

Subdivision
Memmens
County
Douglas

Ask about this property

Questions on 116 N Gilbert Street, or want to see it in person?

Listed by Tayler Streeter, Bodie Lane Homes

Listings courtesy of REColorado. IDX 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. The use of REColorado data may be subject to an end user license agreement prescribed by the applicable MLS if any and as amended from time to time. Based on information submitted to the REColorado as of date and time noted. All data is obtained from various sources and may not have been verified by broker or REColorado. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 300, Greenwood Village, CO 80111 USA. Real estate listings held by brokers other than Distinct Real Estate are marked with the IDX Logo. This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.