Currently leased until March 2013, but will sell as investment property if the current lease is honored.

Price reduced to $174,900.  Originally appraised @ $240K+..... Located in Cripple Creek Mountain Estates, upgraded log home with panoramic mountain views, on nearly an acre of land, 4 bedrooms.  Master and guest bedroom have vaulted ceilings and track lighting; master also has a skylight; 2-1/2 bath, master bath has spa/jacuzzi tub. Finished walk out basement with media or game room, plus 2 bedrooms/office/den. Natural log walls in kitchen, great room, and dining room with ceiling fan in dining room. Laminate flooring, carpet and ceramic tile. Free-standing gas fireplace, with rock wall in great room. Nearly new appliances, gas stove/w self cleaning oven, vented range hood, refrigerator, dishwasher, microwave, disposal, washer & electric dryer. Amenities: Club house has indoor pool, exercise room, tennis courts, fishing ponds. (www.ccmepoa.com) 5 minutes to Cripple Creek & 45 minutes to Colorado Springs. Utilities: Propane hot water heat, septic system, electricity, metered community water. Buyer must secure new loan; no owner-financing.

(Agents welcome, commission negotiable)