|The Denver Post|
Knight Ridder/Tribune Business News
Jun. 25, 2005--The venerable Grand Lake Lodge, owned by Ted L. James and family for five generations, is on the market.
The 55-acre resort is the only private complex within Rocky Mountain National Park, and, with 200 developable units, the 85-year-old lodge will fetch a "substantial" price, said Jerry Jones, the Avon-based developer marketing the property.
"The cabins, lodge and employee units could be refurbished and upgraded along with the 200 allowed units. There is a lot of upside beyond just the lodge itself," he said.
Jones fielded 25 inquiries from interested buyers Friday, he said. "The business community would love to see the lodge opened year-round. There could be a new community development there." The James family has reluctantly opted to sell the treasured property, Jones said.
"It was really hard for them to do this," he said, noting that the family asked that he not publicize the asking price.
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