Luxury Riverfront Condo with Stunning Mountain Views - Ideal for Short & Long-Term Rentals! The condo is part of the Mayfly Hotel. It's new and unique, modern, multi-use development space in Salida's most sought after neighborhood. The Mayfly is located centrally in the Two Rivers neighborhood in The Commons, a walkable mixed use commercial community that sits just east of the intersection of Hwy 50 and Hwy 291. Discover the perfect blend of elegance and convenience in this upscale 2-bedroom, 1.5-bathroom condo, offering 931 square feet of thoughtfully designed living space. Located along the Little Arkansas, this beautiful condo boasts breathtaking mountain and river views from its south-facing balcony, creating a serene retreat. Inside, you'll find hardwood floors throughout, complemented by sleek white quartz countertops in a modern, open-concept kitchen. The unit includes a washer and dryer, a storage closet in the hotel hallway, and the convenience of parking lot parking. Plus, elevator access is coming in Phase II for even greater ease. A rare investment opportunity, this condo allows for both short- and long-term rentals without the need for a short-term rental license, thanks to its hotel status. Whether you're looking for a primary residence, a vacation getaway, or an income-generating property, this unit checks all the boxes. Located in a vibrant area, you'll enjoy easy access to nearby restaurants, a gym, scenic walking trails along the river, and a charming gazebo.
Furnishings included. Unit has short term rental history. There are 5 residential units in Phase I that are complete. All 5 units are available, inquire with listing agent for more details. One is ground level, facing south and the river. Two on the second floor and two more on the third floor. 2 different floor plans. The elevator will be completed with Phase II. Phase II completion is estimated around September 2026.
Dishwasher, Refrigerator, Washer, Dryer, Microwave, Fire Alarm
FIREPLACE FEATURES
None
Heating
Heat Pump, Electronic Air Filter
Cooling
Wall/Window Unit(s), Ceiling Fan(s)
Utility Features
Electricity Available
SEWER
Public Sewer
WATER SOURCE
City
Year Built
2023
Basement
Slab
NEW CONSTRUCTION
1
ACCESSIBILITY FEATURES
1
ARCHITECTURAL STYLE
Contemporary/Modern
Roof
Rubber
Parking Features
Off Street
Lot Features
Abuts Stream/Creek/River, House Faces South, Paved
Garage spaces
1
View
Hills, Water
CITY
Salida
SUBDIVISION
Two Rivers Commons
COUNTY
Chaffee
AREA
Out of Area
STATE
CO
HOA
1
TAX AMOUNT
1473.0
HOA FEE
150.0
HOA FREQUENCY
Monthly
LATEST UPDATE
2026-03-08T02:09:55.373Z
DAYS ON MARKET
17
PRICE CHANGE(S)
$650,000 Feb 19, 2026
$630,000 Mar 6, 2026
Property Details
Property TypeResidential
StatusActive
Bedrooms2
Property Sub TypeCondominium
Square Feet974
MLS #5776059
Bathrooms (¾)1
Bathrooms (Half)1
AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Fire Alarm
FIREPLACE FEATURESNone
HeatingHeat Pump, Electronic Air Filter
CoolingWall/Window Unit(s), Ceiling Fan(s)
Utility FeaturesElectricity Available
SEWERPublic Sewer
WATER SOURCECity
Year Built2023
BasementSlab
NEW CONSTRUCTION1
ACCESSIBILITY FEATURES1
ARCHITECTURAL STYLEContemporary/Modern
RoofRubber
Parking FeaturesOff Street
Lot FeaturesAbuts Stream/Creek/River, House Faces South, Paved
Garage spaces1
ViewHills, Water
CITYSalida
SUBDIVISIONTwo Rivers Commons
COUNTYChaffee
AREAOut of Area
STATECO
HOA1
TAX AMOUNT1473.0
HOA FEE150.0
HOA FREQUENCYMonthly
LATEST UPDATE2026-03-08T02:09:55.373Z
DAYS ON MARKET17
PRICE CHANGE(S)
$650,000 Feb 19, 2026
$630,000 Mar 6, 2026
Market Trends
New Properties On Market
29
81%
Increase In New Listings
Average Asking Price
$723,243
$81,562 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$439
$59 Increase In List Price/Sq. Ft.
Average Days On Market
7
21 Day
Decrease In Days On Market
Data as of Mar 14, 2026.
Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.
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