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.
Property Details
- Interior
- Breakfast Nook, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Open Floorplan
- Cooling
- Air Conditioning-Room
- Heating
- Baseboard, Electric
- Cooling Features
- Air Conditioning-Room
- Bedrooms
- 1
- Bathrooms
- 1
- 3/4 Baths
- 1
- Lot Features
- Historical District, Master Planned
- Stories
- Three Or More
- Lot Description
- Historical District, Master Planned
- Square Feet
- 378
- Property Type
- Purchase
- Style
- Rustic Contemporary
- Year Built
- 1950
- Roof
- Composition, Rolled/Hot Mop
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Connected, Internet Access (Wired)
- Appliances
- Bar Fridge, Dishwasher, Microwave, Oven, Range
- Subdivision
- The Palace Hotel Condominiums
- School District
- Salida R-32
- Elementary School
- Longfellow
- Middle School
- Salida
- High School
- Salida
- County
- CHAFFEE
- Region
- Salida
- Zoning
- C-2
- Taxes Annual
- $1,215
- HOA
- 1
- HOA Fees
- 4125
Location
Legal
Based on information submitted to the MLS GRID as of 2026-05-26T16:10:28Z UTC. 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.
Provided By
Listed by William Roberts
Listing Office: Full Circle Real Estate Group
Legal Notice
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Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
