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Eric Farran

eric@ericsellsboulder.com +1(303) 668-5747

$ 1,250,000

Est. payment | -/mo

5 Beds

4 Baths

2,829 SqFt

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$ 1,250,000

Est. payment | -/mo

Save

5 Beds

4 Baths

2,829 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,829 sqft

Subdivision Haskell'S Addition

MLS Listing ID IRE6837210

Style Contemporary

Bedrooms 5

Full Baths 3

Three Quarter Bath 1

HOA Y/N No

Year Built 2023

Annual Tax Amount $3,677

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Duplex

Source ires

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

Community Haskell'S Addition

Area Out Of Area

Zoning Residential

Direction see Google Maps.

Interior

Interior Features Open Floorplan, Pantry, Walk-In Closet(s), Kitchen Island

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Appliance Dishwasher, Refrigerator, Microwave, Fire Alarm

Exterior

Exterior Feature Balcony

Parking Features Detached

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Available

View Y/N Yes

View Mountain(s)

Roof Type Rubber

Porch Patio

Garage Yes

Building

Lot Description Level, House/Lot Faces SE, Xeriscape, Paved

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories Three Or More

Structure Type Frame

New Construction false

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida R-32-J

School District Salida R-32-J

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Kim Wilcoxson

118 New Salida, CO 81201

Eric Farran

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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