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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$360,000

Est. payment - /mo

1 Bed

1 Bath

378 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 378 sqft

Price per Sqft $952

Subdivision The Palace Hotel Condominiums

MLS Listing ID 8349520

Style Rustic Contemporary

Bedrooms 1

HOA Fees $4,125/ann

HOA Y/N Yes

Year Built 1950

Property Sub-Type Condominium

Property Description

Experience the perfect blend of historic character and modern comfort in Unit #201 at the Palace Hotel Condominiums, ideally located in the center of downtown Salida. Recently updated while preserving its original charm, this inviting space offers a unique opportunity for personal use or investment.
A recent zoning update now allows short-term rental eligibility without requiring Chaffee County residency, opening the door to greater flexibility and income potential.
Inside, the unit is filled with natural light thanks to expansive south- and east-facing windows, creating a bright and welcoming atmosphere throughout. Thoughtfully furnished and move-in ready, the space includes stylish, comfortable pieces and everything needed for immediate enjoyment or rental use.
Enjoy one of Salida's most sought-after locations—just moments from the Arkansas River and Riverside Park, with easy access to local shops, dining, breweries, and year-round events. Whether you're exploring the outdoors or enjoying the vibrant downtown scene, everything is within reach.
Salida is known for its endless recreation, from hiking and biking to rafting, fishing, skiing at Monarch Mountain, and relaxing in nearby hot springs. This property offers a low-maintenance lifestyle in a building rich with history and timeless architectural detail.
Whether you're looking for a turnkey short-term rental, a long-term investment, or a private mountain retreat, this property delivers location, flexibility, and charm in one exceptional package.

Location

State CO

County Chaffee

Zoning C-2

Interior

Interior Features Breakfast Nook, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Open Floorplan

Heating Baseboard, Electric

Cooling Air Conditioning-Room

Flooring Carpet, Laminate, Linoleum

Appliance Bar Fridge, Dishwasher, Microwave, Oven, Range

Laundry Common Area

Exterior

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired)

Amenities Available Laundry

Waterfront Description Public

Roof Type Composition,Rolled/Hot Mop

Private Pool No

Building

Lot Description Historical District, Master Planned

Story Three Or More

Sewer Public Sewer

Water Public

Architectural Style Rustic Contemporary

Schools

School District Elementary: Salida R-32, Middle/Junior: Salida R-32, High: Salida R-32

Others

HOA Fee Include Cable TV,Reserve Fund,Exterior Maintenance w/out Roof,Internet,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water

Senior Community No

Tax ID R368132463001

Special Listing Condition None Known

Virtual Tour https://www.zillow.com/view-imx/8ed90c5c-5e99-4703-a64f-ef1044fa3fcc?setAttribution=mls&wl=true&initialViewType=pano

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Listed byFull Circle Real Estate Group

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

204 N F ST Salida, CO 81201

Source Home Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information