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.
125 days
|
339
|
14
|
Zillow last checked:
Listing updated:
Listed by:
William Roberts719-207-3654williamrobertsrealty@gmail.com,
Full Circle Real Estate Group
Source: REcolorado as distributed by MLS GRID,MLS#: 8349520
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1
Bedroom
Level: Main
Bathroom
Level: Main
Kitchen
Level: Main
Heating
Baseboard, Electric
Cooling
Air Conditioning-Room
Appliances
Included: Bar Fridge, Dishwasher, Microwave, Oven, Range
Laundry: Common Area
Features
Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Open Floorplan
Flooring: Carpet, Laminate, Linoleum
Windows: Triple Pane Windows, Window Coverings
Has basement: No
Furnished: Yes
Common walls with other units/homes: 2+ Common Walls
Explore the cost of this home by adjusting the details. Changes won't be saved.
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.