A rare opportunity to acquire an established, income-producing 14-key mountain hospitality asset in one of Colorado's most active year round tourism corridors — just 30 minutes from Denver. Situated on ±5.16 acres along Chicago Creek with direct National Forest adjacency on multiple borders, Water & Stone Cabins combines proven operational performance with an infrastructure foundation that is genuinely uncommon in the mountain market. The property carries C-3 commercial zoning — no STR restrictions, no annual licensing, no regulatory exposure — along with city water service and a recently installed 8" commercial municipal sewer line connecting the majority of units to city sewer. These are not features you can replicate on another parcel in Idaho Springs. The property generates $435,860 in trailing EBITDA across 14 units —9 cabins and 5 condo-style units — and carries a 4.91-star Airbnb rating built over hundreds of verified stays. Peak season occupancy runs 90-95%. Units are currently listed exclusively on Airbnb, leaving meaningful upside through additional booking channels, direct reservations, and amenity enhancements. The location sits at the eastern gateway to Colorado's I-70 ski corridor, with Arapahoe Basin and Loveland minutes up the road and Copper Mountain, Keystone, and Breckenridge all within an hour. In summer, Chicago Creek — which runs through the property — feeds directly into Clear Creek, one of Colorado's premier whitewater corridors. The corridor also benefits from established wedding and event demand with limited quality lodging inventory to absorb group stays — a structural gap that represents immediate, actionable revenue opportunity for a new operator. The Argo Gondola opens in May 2026 — and it changes the calculus entirely. Projected to draw 500,000-700,000 visitors annually, it converts Idaho Springs from a highway exit into a genuine year-round destination. The property is four minutes from the gondola base. This is the most significant demand catalyst in the history of Idaho Springs tourism. A buyer who moves quickly acquires at today's pricing — before 500,000 additional annual visitors are reflected in the market. Approved for hotel and lodge development. Turnkey operation with trained staff in place and passive ownership.