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.
171 days
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342
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13
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Zillow last checked:
Listing updated:
Listed by:
Kim Wilcoxson719-221-4997Kim@yourrealestatehub.com,
HomeSmart Preferred Realty
Source: REcolorado as distributed by MLS GRID,MLS#: 6837210
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
3/4 bathrooms: 1
Main level bedrooms: 2
Bedroom
Description: Private Balcony, Ensuite Bathroom
Features: Primary Suite
Level: Upper
Bedroom
Description: Private Balcony, Ensuite Bathroom
Level: Upper
Bedroom
Description: Flex Space, Bedroom Or Office
Level: Main
Bedroom
Description: Sliding Glass Doors To Covered Patio And Enclosed Back Yard, Private Access
Level: Main
Bedroom
Description: Adu
Level: Upper
Bathroom
Description: Freestanding Soaking Tub, Walk In Shower, Tile Surround,
Features: En Suite Bathroom
Level: Upper
Bathroom
Description: Full Ensuite Bathroom, Tile Surround
Features: En Suite Bathroom
Level: Upper
Bathroom
Description: Adu
Level: Upper
Bathroom
Description: Tile Surround Walk In Shower
Level: Upper
Dining room
Description: 10' Ceilings, Access To Front Balcony, Open Floor Plan
Level: Upper
Kitchen
Description: Waterfall Kitchen Island, Quartz Countertops, Pantry, Coffee Bar
Level: Upper
Kitchen
Description: Adu, Stainless Steel Appliances, Kitchen Island
Laundry
Description: Oversized Laundry Room With Sink And Soft Close Cabinets
Level: Main
Living room
Description: 10' Ceilings, Sliding Door To Covered Balcony, Abundance Of Natural Light
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.