118 New Street, Salida, CO 81201

• 5 beds |
• 4 baths |
• 2,829 sqft

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 Colorado’s most sought-after river towns. Visit our virtual home tour. What are you waiting for? Welcome home.

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 7:22AM

Listing Office:

HomeSmart Preferred Realty : 719-458-1345

Listing Agent:

Kim Wilcoxson : 719-221-4997

MLS ID:

6837210

Interior

• General: Ceiling Fan(s)Entrance FoyerFive Piece BathHigh CeilingsKitchen IslandOpen FloorplanPantryPrimary SuiteQuartz CountersSmoke FreeWalk-In Closet(s)
• Appliances: DishwasherMicrowaveOvenRangeRange HoodRefrigerator
• Laundry: SinkIn Unit
• Flooring: TileVinyl
• A/C: Central Air
• Heating: Forced Air

Exterior

• General: BalconyLightingPrivate Yard
• Style: Urban Contemporary
• Other Structures: Front PorchPatioCovered
• Parking: Parking spaces: 2

Construction

• Roofing: Membrane
• General: Three Or More

Location

• Road/Access: Public
• Originating MLS: recolorado
• School District: Salida R-32
• County: Chaffee

Lot

• Zoning: ResidentialLot 18 Block 115Haskell's Addition to the City of SalidaChaffee CountyColoradoR380705301005
• View: Mountain(s)
• Fencing: Partial

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: recolorado
• Ownership: Individual
• Exclusions: Seller's personal property