$81,000
●
Land -
Off Market
10510 Engelmann Ave
Poncha Springs, CO 81201
Studio
0 Bath
$91,951
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Poncha Meadows: Gateway to Rocky Mountain Living... Poncha Meadows
will be mountain community living at its best. Along with stellar
mountain views, your new community will feature parks, picnic
sites, public utilities and reasonably priced home sites. Enjoy
hiking, biking, fishing, skiing and miles of scenic trails. Located
in Poncha Springs and minutes from downtown Salida, this
neighborhood will also be a part of the highly-regarded Salida
School District! Living in Poncha Meadows means you will be
experiencing life at its fullest within a diverse mountain setting.
Wind down your day and grab a craft beer at Elevation Brewery or be
a part of Vino Salida's annual grape stomping event, just footsteps
from your home. It's also the ideal location for the outdoorsman
(or woman!) who wants to live unplugged but still connect with
their neighbors. You never have to wait for a vacation - hiking,
mountain biking, hunting, kayaking, and fishing, skiing are all a
way of life here. Poncha Meadows is the perfect combination of
peaceful relaxation in a location surrounded by nature and the
convenience of nearby restaurants, businesses and shopping. Poncha
Springs is a sizzling hot real estate market. Don't miss your
opportunity to buy now while its affordable ... there is truly
something for everyone at Poncha Meadows in beautiful Chaffee
County. More information and subdivision map is available at
http://www.ponchameadows.com/poncha-meadows-interactive-map/
Unit Size
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Days on Market
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Land Size
0.14 acres
Price per sqft
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Property Type
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (REcolorado MLS #IRE2026888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Listed by Colorado Mountain Realty | $610,000 | |
| Listed by Colorado Mountain Realty | |||
| | |||
|
Welcome to this beautiful new 1832 SF 3 bedroom 3 bathroom single story home located in Poncha Meadows! Custom built and thoughtfully designed, this home features a large open-concept living area with an abundance of windows to take in the lovely mountain views and fill it with natural light. You can also enjoy the views from one of the spacious covered porches on the front and back entrances. Throughout the home you will find 9 foot natural wood ceilings. The kitchen features soft close cabinets as well as a pantry for plenty of storage space, stainless steel appliances, and sink overlooking the back yard. The large expanse of quartz countertops include an overhang for more seating. The privately situated primary bedroom has mountain views, a walk-in closet, and an en-suite with dual vanity and a custom tiled walk-in shower. The two additional bedrooms share a spacious bathroom with a quartz topped dual vanity and custom tile tub surround. The home is heated with radiant cove heat with programmable thermostats for each room. There is room behind the home for a large garage and/or ADU, or plenty of off-street parking. Poncha Meadows is a short walk from local restaurants, coffee, a brewery and parks. It's also just minutes from downtown Salida.
| |||
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Chaffee
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Listed by: Janine Marr,
Last Updated: 2 months ago
Data Source: REcolorado MLS, MLS# IRE2026888
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 months ago
Data Source: REcolorado MLS, MLS# IRE2026888
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