9549 County Road 175
About This Property
This is a very rare opportunity to build a custom home on acreage this close to town! Uniquely situated 2.4 acres of beautiful, treed, south-facing ridgeline with stunning views of the Sawatch Range, Sangre de Cristos, and the Upper Arkansas Valley. This secluded and private lot borders BLM land with easy access to Salida's hiking and mountain biking trails including North Backbone and Cottonwood. A graded driveway goes all the way to the build site, power and phone are in place, the well has been dug, and soil engineering for the septic is complete. The well has an Augmentation Certificate allowing for 1400 square feet of lawn and garden. It's a short 2.5 miles (<5 minutes) to downtown by road, or 3.5 miles by trail (N. Backbone to Frontside). This lot comes with approved/permitted plans for a 3,100 square foot, 3-bedroom, 3-bathroom, ultra-high efficiency custom home of steel and glass, complete with outdoor living space, office, gear room, secret garden, and a 1,250 square foot shop/studio. Or build your own dream home on one of the last south-facing, treed lots in Salida. Contact your broker for more information or to tour this one-of-a-kind property, and imagine the possibilities! *NOTE* This portion of Ute Trail is NOT a seasonal road; it is a paved road up to this point and is open year round.
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Relisted | $350,000 | |
| Relisted | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$350,000
↓ $35K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017