Land with Home for Sale in Grand Lake, Colorado

Property has so many great use cases - boat storage facility, Bed and Breakfast, STR multiple uses, even a Teepee! Property has hosted many a wedding with beautiful views and location off Grand Lake.

Heartwood Ranch is a 7-bedroom, 8-bath, 4,868 SF compound on approximately 3.73 acres in Grand Lake’s Tourist District, positioned between Shadow Mountain Lake and Lake Granby with nearly 700 feet of Highway 34 frontage. Multiple buildings and suites create a flexible live/work setup with strong income potential and a compelling option for a 1031 exchange or portfolio acquisition.

The main lodge combines a spacious, light-filled lower-level one-bedroom home with its own “green kitchen” and a separate 2-bed, 2-bath residence upstairs, complete with a second kitchen and private outdoor spaces. Additional cabins and outbuildings provide more rentable doors, including a guest structure with kitchen and lake-view deck, a teepee bedroom, and an outbuilding that shares a charming, finished bathhouse with sitting area for coffee and tea.

The land is a major asset: mostly flat, treed for privacy, and thoughtfully laid out so multiple parties can enjoy the property at once. A large portion of the parcel is still open ground, giving you room for expansion, more lodging, or additional storage, subject to approvals. The owner has already secured county approval to convert part of the site to boat storage, adding another income stream in a corridor where demand for secure parking and storage is high.

With four-season recreation, Rocky Mountain National Park at your doorstep, and Grand Lake’s steady tourism base, Heartwood Ranch offers rare flexibility to live on site, operate multiple rentals, layer in storage income, or reimagine the improvements over time—all on a usable 3.73± acre parcel in a high-visibility location.