118 New Street Salida, CO ^$ 1,250,000

118 New Street

^$ 1,250,000

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118 New Street

Salida, CO, 81201

^$ 1,250,000

Bedrooms5 Baths4.0 Sq 2,829

Monthly Estimate*

^$ 7,696

Listed by HomeSmart Preferred Realty

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Single Family Home for sale in Salida, CO

for $1,250,000 with 5 bedrooms and 4 full baths. This 2,829 square foot home was built in 2023 on a lot size of 0.1.

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.

Single Family Active

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,677

Style

Urban Contemporary

Lot Size

0.1

Year Built

2023

Town/City

Salida

County/Region

Chaffee

MLS | Web ID

6837210

Features

Interior

Interior Amenities 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)

Flooring Tile Vinyl

Common Walls 1 Common Wall

Basement (Y/N) N

Above Grade Finished Area 2309

Half Baths 0

1/4 Baths 0

3/4 Baths 1

Laundry Features Sink In Unit

Total Bedrooms 5

Main Level Bedrooms 2

Main Level Bathrooms 0

Total Baths 4

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Air

Utilities Electricity Connected Natural Gas Connected

Roof Membrane

Appliances Dishwasher Microwave Oven Range Range Hood Refrigerator

Zoning Residential

Garage Spaces 2

Patio/Porch Features Covered Front Porch Patio

Architectural Style Urban Contemporary

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Construction Materials Frame

Exclusions Seller's personal property

Year Built 2023

View Mountain(s)

Levels Three Or More

Property Subtype Single Family Residence

Tax Year 2025

Ownership Individual

County Chaffee

Property Type Residential

HOA N

Attached Garage N

Subdivision Name Haskell's Addition

Facing Direction Southeast

Full Baths 3

Status Active

Directions see Google Maps.

High School Salida

City Salida

Entry Location Ground

Senior Community Y/N N

High School District Salida R-32

Lot Size Units Square Feet

Lot Size Square Feet 4199

Carport Spaces 0

Listing Terms 1031 Exchange Cash Conventional

Elementary School Longfellow

Tax Annual Amount 3677

Middle/Junior High School Salida

Structure Type Duplex

Standard Status Active

Middle/Junior School District Salida R-32

Elementary School District Salida R-32

Exterior

Exterior Amenities Balcony Lighting Private Yard

Vegetation Xeriscaping

Fencing Partial

Lot Features Landscaped Level Master Planned

Water Source Public

Total Parking 2

Lot Size Area 4199

Building Area Total 2829

Lot Size Acres 0.1

Road Surface Type Paved

Road Frontage Type Public

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 118

* Excluded Features

List By

Homesmart Preferred Realty

Broker

(719) 221-4997

Phone

Affordability Calculator

$8,003

Per Month

Monthly Principal & Interest: $7,696
Monthly Property Taxes: $306
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Salida, CO

Average List Price ^$1,127,844

Percent of Sale Price 10%

About Salida, CO

5,935 Population

10% Since 2002

^$45,967 Median Income

48.07 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1732374 Elementary School

1732373 Middle School

Salida High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/1/2026	$1,250,000		Listed Price

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118 New Street, Salida, CO, 81201 is a Single Family Home for sale at $1,250,000 with 2,829 sqft and a lot size of 0.1. 118 New Street has 5 bedrooms, 4.0 baths, and was built in 2023. The property's zip code is 81201 which is in Salida, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/14/2026.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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118 New Street

Single Family Home for sale in Salida, CO

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