THE PALACE HOTEL CONDOMINIUMS, RENOVATED WHILE MAINTAINING THE WONDERFUL HISTORICAL FEATURES, IS IN THE PERFECT LOCATION IN THE HEART OF DOWNTOWN SALIDA...STEPS TO THE ARKANSAS RIVER, NEXT TO BEAUTIFUL RIVERSIDE PARK, AND EASY WALKING DISTANCE TO ALL THE UNIQUE STORES, RESTAURANTS, BARS, BREWERIES & AMBIANCE OF THIS AMAZING COLORADO MOUNTAIN TOWN! THESE MUCH SOUGHT-AFTER PROPERTIES DO NOT BECOME AVAILABLE VERY OFTEN! YOU WILL FALL IN LOVE WITH THE CHARM, ELIQUENSE, HISTORY, & IMPECCABLE CONDITION OF THIS MAGNIFICENT BUILDING! UNIT 201 IS FILLED WITH INCREDIBLE TONS OF NATURAL LIGHT BEAMING IN FROM ALMOST FLOOR-TO-CEILING WALL OF WINDOWS FACING SOUTH & EAST....VIEWS FROM EVERYWHERE IN THIS GORGEOUS LOCATION INCLUDING THE POPULAR S MOUNTAIN! #201 COMES FULLY FURNISHED & IS TURN-KEY CONDITION WITH A QUEEN-SIZED BED, LEATHER CHAIRS, BEAUTIFUL ONE-OF-A-KIND AMOIRE & END TABLES, KITCHEN TABLE & CLASSIC CHAIRS & MORE...SO COMFORTABLE BUT VERY CHARMING! THE KITCHEN HAS ALL THE ESSENTIALS THAT YOU WOULD WANT TO PREPARE SPECIAL MEALS BUT IF NOT YOU ARE STEPS AWAY FROM MANY DIFFERENT DINING OPTIONS THAT HISTORIC DOWNTOWN SALIDA HAS TO OFFER! THE COMMON AREAS OF THE BUILDING ARE MAINTAINED AS THEY WERE ORIGINALLY FINISHED WHICH IS VERY ENCHANTING & WONDERFULLY FINISHED DETAILS! SALIDA OFFERS OPPORTUNITIES FOR MANY ADVENTURES...HIKING, BIKING, RAFTING & SURFING THE SCENIC RIVER, FLY-FISHING, HOT SPRINGS, SKIING POPULAR MONARCH MOUNTAIN, SIGHTSEEING OR EVEN PLAYING A ROUND OF GOLF....VERY DOG-FRIENDLY TOWN! THIS IS THE ONE YOU HAVE BEEN WAITING FOR...CURRENTLY BEING USED AS A SHORT-TERM RENTAL BUT COULD BE A LONG-TERM RENTAL OR A PRIVATE SPECIAL MOUNTAIN GETAWAY! CHECK FOR DETAILS FOR RENTAL USE WITH THE CITY OF SALIDA! WELCOME HOME TO A VERY UNIQUE & UPSCALE PROPERTY THAT WILL RELAX & ENERGIZE YOUR SPIRIT! THIS IS A 12+ & HAS BEEN MAINTAINED IN TOP CONDITION & IS SQUEAKY CLEAN!
Offered By
Jack Fine jack@jackfine.com,303-520-3463, JACK FINE PROPERTIES
Natural Gas Available, Electricity Available, Cable Available
SEWER
City Sewer, Public Sewer
WATER SOURCE
City Water
Year Built
1950
ARCHITECTURAL STYLE
Chalet, Ranch
Roof
Composition, Flat
Lot Features
Gutters, Historic District
View
Mountain(s), Foothills View, City, Water
SUBDIVISION
THE PALACE HOTEL CONDOMINIUMS
AREA
Out of Area
SENIOR COMMUNITY
No
HOA
1
TAX AMOUNT
909.0
HOA FEE
4125.0
HOA FREQUENCY
Annually
LATEST UPDATE
2024-10-14T20:19:52.563Z
DAYS ON MARKET
77
PRICE CHANGE(S)
$425,000 Jul 30, 2024
CUMULATIVE DAYS ON MARKET
77
Property Details
Property TypeAttached Dwelling
StatusActive
Bedrooms1
Property Sub TypeAttached Dwelling
Square Feet378
MLS #3539731
Bathrooms (¾)1
AppliancesRefrigerator, Microwave, Disposal
LAUNDRY FEATURESCommon Area
HeatingBaseboard
CoolingRoom Air Conditioner, Ceiling Fan(s)
Utility FeaturesNatural Gas Available, Electricity Available, Cable Available
SEWERCity Sewer, Public Sewer
WATER SOURCECity Water
Year Built1950
ARCHITECTURAL STYLEChalet, Ranch
RoofComposition, Flat
Lot FeaturesGutters, Historic District
ViewMountain(s), Foothills View, City, Water
SUBDIVISIONTHE PALACE HOTEL CONDOMINIUMS
AREAOut of Area
SENIOR COMMUNITYNo
HOA1
TAX AMOUNT909.0
HOA FEE4125.0
HOA FREQUENCYAnnually
LATEST UPDATE2024-10-14T20:19:52.563Z
DAYS ON MARKET77
PRICE CHANGE(S)
$425,000 Jul 30, 2024
CUMULATIVE DAYS ON MARKET77
Market Trends
New Properties On Market
5,675
33%
Increase In New Listings
Average Asking Price
$696,457
$73,034 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$283
$18 Decrease In List Price/Sq. Ft.
Average Days On Market
16
21 Day
Decrease In Days On Market
Data as of Nov 15, 2024.
Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
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