12740 County Road 195
About This Property
Located in an established, covenant-protected subdivision, the lot offers not only private river access but also a dedicated fishing easement along the riverbank for subdivision property owners-an exceptional amenity for anglers and outdoor enthusiasts. The Stone Bridge Recreation Area is just moments away, offering boating, swimming, fishing, and riverside picnicking.
Only a short 10-minute drive to the heart of downtown Salida, this location blends mountain seclusion with convenience, giving you quick access to restaurants, galleries, riverfront events, and Main Street shopping, then returning home to a peaceful, private retreat along the water. Dramatic rock outcroppings, mature trees, and gently varied topography create multiple ideal building sites, making it perfect for a custom home, outdoor living spaces, and additional structures, all designed to capture the river views and mountain vistas. With low annual dues, protective covenants, and immediate proximity to backcountry recreation, public lands, and Chaffee County's natural beauty, this is a once-in-a-lifetime opportunity to create a solar-friendly, private, luxury riverfront sanctuary in one of Colorado's most scenic and recreation-rich locations.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Listed by 8z Real Estate - ROCC | $1,584,113 | |
| Listed by 8z Real Estate - ROCC | |||
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 9, 2023 | Listed by HomeSmart Preferred Realty | $2,113,000 | |
| Listed by HomeSmart Preferred Realty | |||
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RIVER FRONT PROPERTY on level 4 acres minutes from downtown Salida! 360Ft. of Arkansas River frontage that’s all yours. Take your ebike or walk to Stone Bridge Recreation Site or the footpath for fishing across from the recreation site. Easy access for skiing, hiking for a treasured Aquamarine gem stone hunt. Build a beautiful home on this one of a kind lot and always have views of the mountains and river. For the nature enthusiast, approximately .20 acres of the best Cactus family in the area can be found in the upper platform of lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017