Listing provided courtesy of HomeSmart Preferred Realtyas Distributed by MLSGrid- MLS# 6837210MLS Provider

118 New StreetSalida, CO 81201

Single Family · 5 Beds · 3 Full Baths · 1 Three Quarter Bath · 2,829 Sq. ft. | 0.10 Acres
$1,250,000 Active

118 New Street Overview

Time on Site:
149 days
Visits:
2

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

118 New Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,829
  • Price/Sq.ft. $442
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Salida R-32
  • Elementary School: Longfellow
  • Middle Or Junior School: Salida
  • High School: Salida

Building Information

  • Year Built: 2023

Location/Region

  • Country: US
  • County Or Parish: Chaffee
  • Subdivision Name: Haskell's Addition

Tax Information

  • Tax Annual Amount: 3677
  • Tax Year: 2025

General Information

  • Exclusions: Seller's personal property
  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Ownership: Individual
  • Parcel Number: R380705301005
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: Residential

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Above Grade Finished Area: 2309
  • Building Area Source: Builder
  • Building Area Total: 2829

General Information

  • Appliances: Dishwasher,Microwave,Oven,Range,Range Hood,Refrigerator
  • Basement: false
  • Common Walls: 1 Common Wall
  • Cooling: Central Air
  • Entry Location: Ground
  • Flooring: Tile,Vinyl
  • Heating: Forced Air
  • 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)
  • Laundry Features: Sink,In Unit
  • Levels: Three Or More
  • Living Area: 2829
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 2
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)

Exterior

Parking Information

  • Parking Total: 2

Lot Information

  • Lot Features: Landscaped,Level,Master Planned
  • Lot Size Acres: 0.1
  • Lot Size Area: 4199
  • Lot Size Square Feet: 4199
  • Lot Size Units: Square Feet
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Vegetation: Xeriscaping
  • Water Source: Public

Waterfront/View

  • View: Mountain(s)

Building Exterior/Construction

  • Architectural Style: Urban Contemporary
  • Attached Garage: false
  • Construction Materials: Frame
  • Direction Faces: Southeast
  • Patio And Porch Features: Covered,Front Porch,Patio
  • Roof: Membrane
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Exterior Features: Balcony,Lighting,Private Yard
  • Fencing: Partial
  • Road Frontage Type: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected

Room Information

Room: Kitchen

  • Description: ADU, stainless steel appliances, kitchen island

Room: Bedroom

  • Level: Main
  • Description: flex space, bedroom or office

Room: Bedroom

  • Level: Main
  • Description: sliding glass doors to covered patio and enclosed back yard, private access

Room: Laundry

  • Level: Main
  • Description: oversized laundry room with sink and soft close cabinets

Room: Bathroom Full

  • Level: Upper
  • Description: freestanding soaking tub, walk in shower, tile surround,
  • Features: En Suite Bathroom

Room: Bathroom Full

  • Level: Upper
  • Description: ADU

Room: Bathroom Full

  • Level: Upper
  • Description: full ensuite bathroom, tile surround
  • Features: En Suite Bathroom

Room: Bathroom Three Quarter

  • Level: Upper
  • Description: tile surround walk in shower

Room: Bedroom

  • Level: Upper
  • Description: private balcony, ensuite bathroom

Room: Bedroom

  • Level: Upper
  • Description: ADU

Room: Bedroom

  • Level: Upper
  • Description: private balcony, ensuite bathroom
  • Features: Primary Suite

Room: Dining Room

  • Level: Upper
  • Description: 10' ceilings, access to front balcony, open floor plan

Room: Kitchen

  • Level: Upper
  • Description: waterfall kitchen island, quartz countertops, pantry, coffee bar

Room: Living Room

  • Level: Upper
  • Description: 10' ceilings, sliding door to covered balcony, abundance of natural light

Room: Living Room

  • Level: Upper
  • Description: ADU, 9' ceilings, abundant natural light

118 New Street Neighborhood

Community

81201 (SALIDA) Demographics

46
Median Age
20
Population Density (per sq. mile)
48%
College Educated
$56,611
Estimated Median Income
2,930
Estimated Total Home Owners
1,140
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

118 New Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

118 New Street Market Data

Based on the last 30 days in this zip code

$1,002,074
Average List Price
$499
Average Price per Square Foot
16
Properties Sold
126
Average Days on Market
190
Properties for Sale
Calculations provided by Reliance Network

118 New Street History

Date Event Value Agent
1/31/2026Source: REColorado MLS Added to Database
January 31, 2026