Residential · Active
Salida, CO 81201
1 Beds · 1 Baths · 378 Sq Ft
$360,000
Condominium
Property Type
1950
Year Built
$952
Price per Sq Ft
$4,125
HOA Fee
8349520
MLS #
About This Property
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.
227 days on market
Listed by William Roberts · Full Circle Real Estate Group · williamrobertsrealty@gmail.com,719-207-3654
Property Details
| Property Type | Residential |
| Sub Type | Condominium |
| Status | Active |
| Price per Sq Ft | $952 |
| Subdivision | The Palace Hotel Condominiums |
| MLS # | 8349520 |
| Days on Market | 227 |
| Bedrooms | 1 |
| Three-Quarter Baths | 1 |
| Year Built | 1950 |
| HOA | Yes |
| HOA Fee | $4,125 |
| Annual Taxes | $1,215 |
| State | CO |
| County | Chaffee |
| Zoning | C-2 |
| Interior Features | Breakfast Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Open Floorplan |
| Heating | Baseboard, Electric |
| Cooling | Air Conditioning-Room |
| Flooring | Carpet, Laminate, Linoleum |
| Appliances | Bar Fridge, Dishwasher, Microwave, Oven, Range |
| Roof | Composition, Rolled/Hot Mop |
| Lot Features | Historical District, Master Planned |
| Architectural Style | Rustic Contemporary |
| Levels | Three Or More |
| Construction | Brick |
| Sewer | Public Sewer |
| Water Source | Public |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 4/1/2026 |
Listed for sale Source: REcolorado® #8349520 |
$360,000 $952/sqft |
Based on information submitted to the MLS GRID as of November 14, 2026 at 9:05 AM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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