Metro Denver Luxury Homes For Sale

Property Description

Historic charm meets income potential in downtown Salida. This studio condo in a restored 1909 boutique building offers a unique opportunity for personal use and short-term rental income, with recent regulatory changes allowing STRs for this unit.
Unit 206, the Hortense Silver Mine Suite, is fully furnished and includes a full kitchen with stove/oven, refrigerator, and microwave. Approximately 600 sq ft, the layout features a separate bedroom area, cozy living room with skylights, and dining space—ideal for guest stays.
The remodeled interior retains historic appeal with rounded Venetian plaster walls, original moldings, and large windows providing natural light and views of S Mountain. The full bath includes a clawfoot tub/shower and pedestal sink. Two closets, baseboard heat, and window A/C ensure comfort.
Located steps from the Arkansas River, dining, and galleries, and near Monarch Mountain, this unit is well-positioned to attract year-round visitors.
With walkability, character, and STR flexibility, this is a compelling opportunity in a sought-after mountain town.
Buyer to verify all short-term rental regulations, licensing requirements, and compliance.

Features
: Baseboard
: Air Conditioning-Room
: Water, City, Mountain(s)
: Cats OK, Dogs OK, Only for Owner
: Security Entrance
: Furnished
: Microwave, Range, Refrigerator, Range Hood
: Studio
: Laundry, Parking
: Composition, Rolled/Hot Mop
: Public Sewer
Address Map
CO
Chaffee
Salida
81201
F
204
Palace Hotel
W106° 0' 32.7''
N38° 32' 14.3''
N
Additional Information
$992
Quarterly
: Maintenance Grounds, Sewer, Trash, Water, Maintenance Structure, Reserves, Gas, Internet, Cable TV
: Brick
84
Highway 50 to F Street East to just before Arkansas River, property will be on the Northside of street across from the park.
Longfellow
: Carpet, Vinyl
Salida
: High Ceilings, Central Vacuum, Ceiling Fan(s), Synthetic Counters
Yes
Yes
1031 Exchange, Cash, Conventional, FHA
: Master Planned, Historical District
Salida
Crestone Peak Realty
368132463006
: None
: Low Rise (1-3)
none
$1,135
2024
: Cable Available, Electricity Connected, Natural Gas Connected
: Double Pane Windows, Skylight(s)
09/28/2025
600
Active
Yes
Salida R-32
2
Salida R-32
Common Area
Salida R-32
03/27/2026
1
09/28/2025
206
Public
: One

none

204 N F, Salida, CO 81201

1 Bedrooms
1 Total Baths
600 Square Feet
$499,999
Listing ID #9041496
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 9041496
Price : $499,999
Bedrooms : 1
Rooms : 4
Total Baths : 1
Full Bathrooms : 1
Square Footage : 600 Square Feet
Year Built : 1909
Lot Area : 0.10 Acres
Lot Acres : 0.1
Property Sub Type : Condominium
Status : Active
Originating System Name : REcolorado
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