16695 County Road 162 Nathrop, CO $ 995,000
16695 County Road 162
$ 995,000
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16695 County Road 162

Nathrop, CO, 81236
$ 995,000
Bedrooms4 Baths4.2 Sq 3,140

Monthly Estimate*

$ 6,283

Listed by Pinon Real Estate Group LLC
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Single Family Home for sale in Nathrop, CO

for $995,000 with 4 bedrooms and 4 full baths, 2 half baths. This 3,140 square foot home was built in 1972 on a lot size of 1.

Cliffside – A Mountain Retreat Above Chalk Creek Valley. Perched above the Chalk Creek Valley beneath the dramatic Chalk Cliffs, Cliffside is a one-of-a-kind retreat designed in the spirit of Frank Lloyd Wright, with intentional spaces that feel both functional and inviting. This three-level home offers 3 bedrooms, 3.5 baths, and three fireplaces, thoughtfully updated through two major remodels (2005 and 2017) plus ongoing improvements into 2026 — including a new roof, main-level windows, and HVAC compressor. The standout primary suite (2017) features a spectacular bath, walk-in closet, private stairway, and covered rear porch, with a wrought-iron balcony railing added in 2026. Expansive all-new windows and sliding doors, plus a large west-facing deck (2017, engineered wood), capture unforgettable Colorado sunsets and flood the home with light. Currently operated as a short-term rental with strong income history, it offers excellent flexibility for an owner-user and/or investor. Mechanical systems have been proactively maintained — replaced water heaters, furnace, gas line resealing, and septic servicing — and a whole-house central vacuum adds everyday convenience. A detached ADU above the garage, remodeled in 2021 with a larger kitchen and new wood flooring (plus new roof and water heater in 2026), offers 2 bedrooms and 1.5 baths — ideal as a long-term rental, guest quarters, or private lock-off space. The oversized garage with two doors provides ample room for vehicles, storage, and all your Colorado toys, with parking for up to four vehicles. Enjoy an unbeatable location just down the road from Mount Princeton Hot Springs, with easy access to St. Elmo, the Colorado Trail, and the dining and shopping of Salida and Buena Vista (approx. 15–20 minutes).

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Single Family Active

Price

$ 995,000

Bedrooms

4

Full Bath

4

Half Bath

2

Property Type

Single Family

Taxes

$ 3,114

Style

Chalet

Lot Size

1

Year Built

1972

Town/City

Nathrop

County/Region

Chaffee

MLS | Web ID

5457773

Features
Interior
Interior Amenities Central Vacuum Entrance Foyer Five Piece Bath Kitchen Island Primary Suite
Basement Finished Walk-Out Access
Flooring Carpet Tile Wood
Furnished Y/N Furnished
Total Fireplaces 3
Fireplace Features Basement Bedroom Living Room
Basement (Y/N) Y
Above Grade Finished Area 2474
Half Baths 2
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Below Grade Finished Area 666
Entry Level 1
Main Level Bedrooms 0
Main Level Bathrooms 1
Total Baths 6
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General
Sewer Septic Tank
Heating Forced Air
Cooling None
Possession Closing/DOD
Roof Composition
Zoning Residential
Garage Spaces 2
Patio/Porch Features Covered Deck Patio Wrap Around
Architectural Style Chalet
Construction Materials Frame
Exclusions None.
Year Built 1972
View Mountain(s) Valley
Levels Tri-Level
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County Chaffee
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Princeton Shadows
Full Baths 4
Status Active
High School Buena Vista
City Nathrop
Senior Community Y/N N
High School District Buena Vista R-31
Lot Size Units Acres
Lot Size Square Feet 43560
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Avery Parsons
Tax Annual Amount 3114
Middle/Junior High School Buena Vista
Property Condition Updated/Remodeled
Structure Type House
Standard Status Active
Middle/Junior School District Buena Vista R-31
Elementary School District Buena Vista R-31
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Exterior
Exterior Amenities Balcony
Vegetation Natural State Partially Wooded
Parking Features Gravel
Water Source Well
Total Parking 2
Lot Size Area 1
Building Area Total 3140
Lot Size Acres 1
Road Surface Type Dirt
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Internal Only
Street Number 1 16695
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* Excluded Features
List By
Pinon Real Estate Group Llc

Broker

(719) 221-4239

Phone

Affordability Calculator

$6,542
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,283
Monthly Property Taxes
$260
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
844436 Elementary School
3962237 Middle School
Buena Vista High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$995,000 -5.24% Price Down
7/22/2026$1,050,000 -4.11% Price Down
3/9/2026$1,095,000 Listed Price

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16695 County Road 162, Nathrop, CO, 81236 is a Single Family Home for sale at $995,000 with 3,140 sqft and a lot size of 1. 16695 County Road 162 has 4 bedrooms, 4.2 baths, and was built in 1972. The property's zip code is 81236 which is in Nathrop, CO