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For sale
  • Price cut: $55K (8/3)
    $995,000

    16695 County Road 162, Nathrop, CO 81236

    4beds
    3,140sqft
    : 
    $5,871/mo
    Get pre-qualified
    Single Family Residence
    Built in 1972
    1 Acres Lot
    $951,600 Zestimate®
    $317/sqft
    $-- HOA

    What's special

    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).
    120 days
    311
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Brett Rankin 719-221-4239 brankin@pinonrealestate.com,

    Pinon Real Estate Group LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 5457773MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      • Main level bathrooms: 1
      Bedroom
      • Features: Primary Suite
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Lower
      Bedroom
      • Description: Bedroom Inside Attached Apartment
      • Level: Upper
      Bathroom
      • Level: Upper
      Bathroom
      • Features: Primary Suite
      • Level: Upper
      Bathroom
      • Level: Main
      Bathroom
      • Level: Lower
      Bathroom
      • Description: Bathroom Inside Attached Apartment
      • Level: Upper
      Bathroom
      • Description: Half Bath Located In Garage Below Apartment
      • Level: Lower
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Kitchen
      • Description: Kitchen Located In Apartment
      • Level: Upper
      Laundry
      • Level: Lower
      Living room
      • Level: Main
      Living room
      • Description: Living Room Inside Attached Apartment
      • Level: Upper
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Central Vacuum, Entrance Foyer, Five Piece Bath, Kitchen Island, Primary Suite
      • Flooring: Carpet, Tile, Wood
      • Basement: Finished,Walk-Out Access
      • Number of fireplaces: 3
      • Fireplace features: Basement, Bedroom, Living Room
      • Furnished: Yes
      Interior area
      • Total structure area: 3,140
      • Total interior livable area: 3,140 sqft
      • Finished area above ground: 2,474
      • Finished area below ground: 666

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Tri-Level
      • Patio & porch: Covered, Deck, Patio, Wrap Around
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Mountain(s), Valley
      Lot
      • Size: 1 Acres
      • Residential vegetation: Natural State, Partially Wooded
      Details
      • Parcel number: R342324300095
      • Zoning: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1972

      Utilities & green energy

      • Water: Well

      Community & HOA

      Community
      • Subdivision: Princeton Shadows
      HOA
      • Has HOA: No
      Location
      • Region: Nathrop

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $861,519
      • Annual tax amount: $3,114
      • Date on market: 5/4/2026
      • Listing terms: Cash,Conventional
      • Exclusions: None.
      • Ownership: Individual
      • Road surface type: Dirt

        Estimated market value

        $951,600

        $904,000 - $999,000

        $4,189/mo

        Price history

        DateEventPrice
        8/3/2026Price change$995,000-5.2%$317/sqft
        Source: REcolorado as distributed by MLS GRID #5457773 Report a problem
        7/22/2026Price change$1,050,000-4.1%$334/sqft
        Source: REcolorado as distributed by MLS GRID #5457773 Report a problem
        5/4/2026Listed for sale$1,095,000$349/sqft
        Source: REcolorado as distributed by MLS GRID #5457773 Report a problem
        4/17/2026Listing removed$1,095,000$349/sqft
        Source: REcolorado as distributed by MLS GRID #5457773 Report a problem
        3/19/2026Pending sale$1,095,000$349/sqft
        Source: REcolorado as distributed by MLS GRID #5457773 Report a problem
        3/9/2026Listed for sale$1,095,000+447.5%$349/sqft
        Source: REcolorado as distributed by MLS GRID #5457773 Report a problem
        7/30/2001Sold$200,000$64/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,334 +5.9%$53,840 +16%
        2024$2,203 +0%$46,410 -6.4%
        2023$2,203 -0.7%$49,560 +18.4%
        2022$2,219 +26.6%$41,850 -2.8%
        2021$1,753 -0.1%$43,050 +33.6%
        2020$1,754 +7%$32,230 +14.5%
        2019$1,639 $28,150
        2018$1,639 +28.3%$28,150 +16.8%
        2017$1,277 +16.7%$24,100 +10.8%
        2016$1,095 +2.8%$21,750
        2015$1,064 $21,750 +5.4%
        2014$1,064 -3.1%$20,640 -6.4%
        2012$1,098 -42.3%$22,050
        2011$1,903 +80.8%$22,050 -13.3%
        2010$1,052 $25,440
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81236

        Getting around

        5 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Avery Parsons
        • Middle: Buena Vista
        • High: Buena Vista
        • District: Buena Vista R-31

        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.

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