403 Scott St
About This Property
Located in the heart of in-town Salida and within walking/biking distance to downtown, this rare gem offers a unique combination of privacy, scale, charm, and long-term investment potential.
Inside, you'll find a stunning chef's kitchen featuring a commercial-grade Wolf range, refrigerator/freezer drawers for beverage storage, artisan tin tile ceiling, and one-of-a-kind lighting. Elegant original details like moulding, trim, and two custom pocket doors remain beautifully intact throughout the home.
Expansive, updated bathrooms, large bedrooms, and a dramatic staircase that leads to a peaceful upper-level sanctuary complete the main house. Dual laundry rooms-one on each level (main + upstairs).
Also included: an additional 1,160 sq ft heated guest suite/workshop, hot tub, mature landscaping, and space for entertaining or future buildout, as well as panoramic mountain views.
403 Scott Street is zoned Commercial (C-1), the property allows for a range of residential, mixed-use, or investment possibilities.
Per the contract:
The Seller shall provide the Buyer with professional development plans outlining three (3) potential options for subdividing the Property. These plans shall be delivered to the Buyer on or before Closing and are for informational purposes only, without representation or warranty as to feasibility or governmental approval.
This is truly one of the last large parcels of its kind in Salida proper. Anticipated development and growth around this property will only increase its value over time.
Come see why The Pillar House has become a beloved part of the Salida landscape-and a once-in-a-generation opportunity.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Listed by HomeSmart Preferred Realty | $1,595,000 | |
| Listed by HomeSmart Preferred Realty | |||
| | |||
|
403 Scott Street is a 3,198 sq ft Colonial marvel built in 1910 and thoughtfully infused with modern luxuries-situated on a full acre in Salida, just one property away from the Arkansas River with a 9.7 ft easement offering direct river access.
Located in the heart of in-town Salida and within walking/biking distance to downtown, this rare gem offers a unique combination of privacy, scale, charm, and long-term investment potential.
Inside, you'll find a stunning chef's kitchen featuring a commercial-grade Wolf range, refrigerator/freezer drawers for beverage storage, artisan tin tile ceiling, and one-of-a-kind lighting. Elegant original details like moulding, trim, and two custom pocket doors remain beautifully intact throughout the home.
Expansive, updated bathrooms, large bedrooms, and a dramatic staircase that leads to a peaceful upper-level sanctuary complete the main house. Dual laundry rooms-one on each level (main + upstairs).
Also included: an additional 1,160 sq ft heated guest suite/workshop, hot tub, mature landscaping, and space for entertaining or future buildout, as well as panoramic mountain views.
403 Scott Street is zoned Commercial (C-1), the property allows for a range of residential, mixed-use, or investment possibilities.
Per the contract:
The Seller shall provide the Buyer with professional development plans outlining three (3) potential options for subdividing the Property. These plans shall be delivered to the Buyer on or before Closing and are for informational purposes only, without representation or warranty as to feasibility or governmental approval.
This is truly one of the last large parcels of its kind in Salida proper. Anticipated development and growth around this property will only increase its value over time.
Come see why The Pillar House has become a beloved part of the Salida landscape-and a once-in-a-generation opportunity.
| |||
| Jun 5, 2019 | No longer available | - | |
| No longer available | |||
| Jun 4, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017