$579,000
↓ $20K (3.3%)
●
House -
For Sale
10810 Engelmann Ave
Poncha Springs, CO 81201
3 Beds
1 Bath
1,458 Ft²
$2,843
Est. Monthly
About This Property
Experience modern mountain living in this beautifully designed
3-bedroom, 2-bath home offering 1,458 square feet of thoughtfully
crafted living space. The open-concept floor plan is filled with
natural light from an abundance of windows that perfectly frame the
surrounding mountain views. Vaulted ceilings create a bright,
spacious feel, while luxury vinyl plank flooring flows throughout
the main living areas for both style and durability. The
well-appointed kitchen features elegant quartz countertops, wood
cabinetry, and ample workspace, seamlessly connecting to the dining
and living areas, ideal for entertaining or everyday living. The
private primary suite offers a relaxing retreat with a beautifully
finished tile shower, while the additional bedrooms provide
flexibility for family, guests, or a home office. A second full
bath also showcases quality finishes and a tiled shower. Whether
you're enjoying your morning coffee while taking in the mountain
scenery or hosting friends in the inviting living space, this home
combines contemporary finishes, functional design, and breathtaking
views to create the perfect Colorado retreat.
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$397
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
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: 12 days ago (REcolorado MLS #IRE1986838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed | $599,000 | |
| Listed | |||
| Nov 29, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Listed by Pinon Real Estate Group LLC | $74,000 | |
| Listed by Pinon Real Estate Group LLC | |||
| | |||
|
Poncha Meadows 2 - Gateway to Rocky Mountain Living! Following the sold-out success of Poncha Meadows 1, Poncha Meadows 2 is poised to be just as sought-after! Nestled in the heart of Poncha Springs and minutes from historic downtown Salida, this thoughtfully planned community offers affordable home sites with public utilities, stunning mountain views, and future parks and picnic areas - the perfect blend of mountain charm and modern convenience. Enjoy an unbeatable lifestyle with access to hiking, biking, skiing, kayaking, and fishing right outside your door. Located in the highly regarded Salida School District, Poncha Meadows places you in the heart of Colorado's outdoor paradise while keeping you close to everyday essentials. Enjoy a craft beer at Elevation Beer Company, or stroll to nearby restaurants, coffee shops, and the local grocery store-all just steps away. This lot is zoned for a single-family home plus an ADU (Accessory Dwelling Unit), giving you flexibility for full-time living, rental income, or a mountain getaway. With over half the lots already pending, now is the time to secure your spot in this fast-growing community. Call today for availability and details. Subdivision map and more info: www.ponchameadows2.com
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Cathedral Ceiling(s), Open Floorplan, Pantry, Kitchen Island
Appliances: Dishwasher, Refrigerator, Microwave, Disposal
Basement: Crawl Space
Exterior Details
Square Footage: 1458
Square Footage Source: $0
Architectural Style: Contemporary
Year Built: 2026
Levels: One
Construction Materials: Stucco, Concrete, Composition
Patio and Porch Features: Patio
Lot Features: Paved
Lot Size Area: 3920.4
Lot Size Units: Square Feet
Lot Size Acres: 0.09
Lot Size Square Feet: 3920.4
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chaffee
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Listed by: Hunter Smith,
Last Updated: 12 days ago
Data Source: REcolorado MLS, MLS# IRE1986838
© 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: 12 days ago
Data Source: REcolorado MLS, MLS# IRE1986838
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