Metro Denver Luxury Homes For Sale

Property Description

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.
Step outside and 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.

Features
: Electric, Baseboard
: Air Conditioning-Room
: Carbon Monoxide Detector(s), Smart Locks, Radon Detector
: Furnished
: Dishwasher, Microwave, Range, Oven, Bar Fridge
: Rustic
: Laundry
: Composition, Rolled/Hot Mop
: Public Sewer
Address Map
CO
Chaffee
Salida
81201
F
204
Street
W106° 0' 32.7''
N38° 32' 14.5''
N
Additional Information
$4,125
Annually
: Maintenance Grounds, Sewer, Trash, Water, Maintenance Structure, Reserves, Internet, Cable TV, Exterior Maintenance w/out Roof
: Brick
From HWY 50 turn onto F St, Go to bottom of F St before the bridge, Condos are on the left across the street from Riverside Park- Property is on second floor facing park.
Longfellow
: Carpet, Laminate, Linoleum
Salida
: Open Floorplan, Eat-in Kitchen, Central Vacuum, Ceiling Fan(s), Entrance Foyer, Breakfast Bar
Yes
Yes
1031 Exchange, Cash, Conventional
: Master Planned, Historical District
Salida
Full Circle Real Estate Group
R368132463001
: None
: Low Rise (1-3)
The Palace Hotel Condominiums
$1,215
2025
: Cable Available, Electricity Connected, Internet Access (Wired)
: Window Coverings, Triple Pane Windows
C-2
04/01/2026
378
Active
Yes
Salida R-32
2
Salida R-32
Common Area
Salida R-32
04/01/2026
1
04/01/2026
C1
Public
: Three Or More

The Palace Hotel Condominiums

204 N F Street, Salida, CO 81201

1 Bedrooms
1 Total Baths
378 Square Feet
$360,000
Listing ID #8349520
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 8349520
Price : $360,000
Bedrooms : 1
Rooms : 3
Total Baths : 1
3/4 Bathrooms : 1
Square Footage : 378 Square Feet
Year Built : 1950
Property Sub Type : Condominium
Status : Active
Originating System Name : REcolorado
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