Beautiful Historic Palace Hotel condominium located on the top floor corner unit facing the Arkansas River. This historic hotel was built in 1909 in the historic downtown Salida district with views of Riverside City Park boasting large old trees. The park hosts many local events and festivals throughout the year. Be a part of this great historic town. The River runs along the edge of the park which can be viewed from this beautiful condominium. This is a one bedroom located on the third floor featuring lots of light with windows on two sides because the location is on the corner of the hotel. This property comes fully furnished featuring a large living area, fully equipped kitchen, full bath and walk in closet. High ceilings, trim and historic features will take you back in time. Step out onto F Street from the hotel entrance to enjoy the many restaurants, pubs, specialty shops and downtown activities year round. This can be your Mountain weekend getaway, a full time historic downtown residence and/or a turn key investment opportunity. Colorado Mountain living close to river rafting, kayaking, fly fishing, hot springs, hiking, biking and skiing at Monarch ski area. Offered at $600,000. Shown by Appointment.
Offered By
Barbara Pearson-Sawyer,GRI barbara@pearson-sawyer.com,719-207-3884, Century 21 Community First
Utility FeaturesElectricity Available, Cable Available
SEWERCity Sewer, Public Sewer
WATER SOURCECity Water
Year Built1909
Builder NameOther
ARCHITECTURAL STYLERanch
RoofComposition, Flat
Lot FeaturesHistoric District
ViewMountain
CITYSalida
SUBDIVISIONnone
COUNTYChaffee
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
HOA1
TAX AMOUNT1089.0
HOA FEE4125.0
HOA FREQUENCYAnnually
LATEST UPDATE2025-09-28T00:40:53.314Z
DAYS ON MARKET327
PRICE CHANGE(S)
$600,000 Nov 5, 2024
$575,000 Mar 27, 2025
CUMULATIVE DAYS ON MARKET327
Market Trends
New Properties On Market
20
31%
Decrease In New Listings
Average Asking Price
$1,291,119
$614,575 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$692
$347 Increase In List Price/Sq. Ft.
Average Days On Market
14
28 Day
Decrease In Days On Market
Data as of Oct 09, 2025.
Remaining statistics above are calculated on activity within the period from Aug 01, 2025 to Sep 30, 2025.
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