BEDS5
BATHS4 full
SQUARE FEET2,829
MLS#6837210
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONHaskells Addition
SCHOOLSalida R-32
Listing Courtesy of:
HomeSmart Preferred Realty
Agency Contact: Kim@yourrealestatehub.com,719-221-4997
Property Description
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 Colorados most sought-after river towns. Visit our virtual home tour. What are you waiting for? Welcome home.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Forced Air
Home Style: Urban Contemporary
Lot Size: 0.10 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $3,677
Year Built: 2023
Amenities
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)
Balcony
Lighting
Private Yard
Feature Descriptions
Appliances: Dishwasher, Microwave, Oven, Range, Range Hood, Refrigerator
Baths 3/4: 1
Baths Full: 3
Baths Half: 0
Baths Total: 4
Days on Site: 111
Exclusions: Sellers personal property
Exterior: Frame
Fencing: Partial
Flooring: Tile, Vinyl
Laundry: Sink, In Unit
Lot: Landscaped, Level, Master Planned
Parcel#: R380705301005
Patio/Porch: Covered, Front Porch, Patio
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Mountain(s)
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Salida
Middle School: Salida
Elementary School: Longfellow
School District: Salida R-32
Listed By / Shown By
Listed By
Agency Name: HomeSmart Preferred Realty
Agency Contact: Kim@yourrealestatehub.com,719-221-4997
Shown By
Agent Name: Katie (Kay) Ely
Agent Phone: (410) 294-1479
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 6,828.17 per month $6,157.17 Principal & Interest $306.42 Property Tax $364.58 Homeowner's Insurance
118 New Street | MLS# 6837210
This single family home located at 118 New Street, Salida, CO 81201 is currently listed for sale with an asking price of $1,250,000. This property was built in 2023 and has 5 bedrooms and 4 full baths with 2829 sq. ft. New Street is located in the Haskells Addition subdivision within the Salida R-32 school district. Search Haskells Addition real estate on kely.thecuttingedgerealtors.com today.