8272 County Road 160
About This Property
The ponds on this property are currently drained but, with a full-price purchase, will be filled and UAWCD water right conveyed at closing.
Building sites positioned such that no other houses in the area are in view. Views to the west, north and east are unmatched in this valley.
Private, gated access removed from County Road. This parcel is truly one of a kind in Chaffee County and the premier lot in the Estates.
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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 |
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| Jul 21, 2026 | Listed | $925,000 | |
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| May 2, 2024 | Listed | $850,000 | |
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Five minutes to downtown Salida yet feels like you're miles from anywhere! Timber Creek Ranch is a secluded, gated community with wildlife, a natural stream, spectacular mountain views and two small lakes to frame the whole picture. Access from a private road off of CR 160, just west of Franz Lake Recreation Area and north of the airport. Originally, the Harrington Ranch, founded in the 1860's, Timber Creek Ranch enjoys a year-round creek flowing through it, which is enjoyed by the small community formed here with only six 35-acre homesites in this private, gated enclave. Enjoy the hiking trails, creekside hideaways and tremendous views. Lot 4 is the premier parcel with two large ponds (yes, they have some large fish) and the best views offered at TCR. Owner can build between ponds or above and behind them. Ranch operations will continue after sale, including irrigation and hay production. Water Rights are available for additional purchase for $150,000.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017