The Build Next Door
A three-bedroom main house and a 600-square-foot ADU on one lot, both opened this fall and both booked solid for their first two months.
One lot, two doors
The Three Rivers A-frame showed that the market supports premium rates. This build takes the same site, the same design discipline and the same operating team and applies them to a larger, higher-rate product, with a second unit on the same lot that adds revenue at very little added cost.
The main house has 3 bedrooms, 3 baths and about 2,000 square feet of glass, timber and black standing-seam metal, with a hot tub, a cedar sauna and a soaking tub set under the oaks. Built at roughly $300 a square foot, it cost about $600,000 and is valued on completion at $800,000.
The ADU shares the driveway and the views but rents as its own listing. It is 600 square feet, cost about $180,000 to build and is valued at $300,000. Together that is $780,000 in and roughly $1.1 million out, with $320,000 of equity created before the first guest.
Cost, value and rate figures are Blue Key Builds estimates as of September 2026; completion values are internal estimates, not appraisals.
The property
The market
Three Rivers listings grew 16.5% last year, a sign of a market that keeps drawing both guests and operators. A second door on land we already own is the most efficient way to grow with it.
Both calendars filled for September and October within days of listing. Combined, the two units open at $800 a night.
Invest in the next Blue Key Builds project
Each project opens with roughly $150,000 in investor capital, equity created at completion, and monthly distributions once the property is operating.