118 New ST, Salida, CO 81201
118 New ST, Salida, CO 81201
118 New ST, Salida, CO 81201
118 New ST, Salida, CO 81201
118 New ST, Salida, CO 81201
118 New ST, Salida, CO 81201
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$ 1,250,000
Est. payment | /mo

5 Beds

4 Baths

2,829 SqFt


Save
$ 1,250,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,829 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,829 sqft

Price per Sqft $441

Subdivision Haskell'S Addition

MLS Listing ID 6837210

Style Urban Contemporary

Bedrooms 5

Full Baths 3

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 2,309

Year Built 2023

Annual Tax Amount $3,677

Tax Year 2025

Lot Size 4,199 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Source recolorado

Property Description

Luxury living with income potential! This modern masterpiece at 118 New Street offers a rare combination of luxury living and strategic investment potential in Salida, Colorado. Built in 2023, this contemporary residence features a main home and a fully detached, self-contained 520 sq. ft. Accessory Dwelling Unit (ADU) above a two-car garage. Designed for the savvy buyer, the ADU provides a turnkey opportunity for rental income to offset your mortgage or serve as a guest suite, or extra space for generational living. The property is situated in a great location offering walkability to downtown restaurants, local breweries, the Arkansas River, local schools and the Salida Hot Springs Pool. Thoughtfully designed across three levels, the 2,309 sq. ft. main residence centers around an upper-level living space crafted for the culinary enthusiast. The chef-inspired kitchen boasts a quartz waterfall island, premium stainless appliances, pantry storage, and a dedicated coffee bar. Architectural sophistication is evident in every detail, from the 10-foot ceilings and eight-foot doors to the custom floating staircase of steel and white oak that serves as a stunning focal point. Expansive 12-foot sliding glass doors seamlessly blend the great room with covered balconies, framing the ease and rhythm of in-town mountain living. The primary suite offers a true retreat with a spa-style bath, freestanding soaking tub, private balcony and mountain views. Additional bedrooms provide the flexibility needed for a home office or guest quarters without compromising privacy. Outside, the property is engineered for efficiency with private fencing and low-maintenance xeriscaping. With zero HOA fees and a prime, 118 New Street delivers modern sophistication and a potential income stream in one of Colorado's most sought-after river towns. Visit our virtual home tour. What are you waiting for? Welcome home.

Location

State CO

County Chaffee

Zoning Residential

Rooms

Main Level Bedrooms 2

Interior

Interior Features Ceiling Fan(s), Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air

Flooring Tile, Vinyl

Fireplace N

Appliance Dishwasher, Microwave, Oven, Range, Range Hood, Refrigerator

Laundry Sink, In Unit

Exterior

Exterior Feature Balcony, Lighting, Private Yard

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected

View Mountain(s)

Roof Type Membrane

Total Parking Spaces 2

Garage No

Building

Lot Description Landscaped, Level, Master Planned

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Frame

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida

School District Salida R-32

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
Listed by HomeSmart Preferred Realty

Nearby Locations

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118 New ST