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Poncha Springs 81201
9955 County Road 120
$1,245,000
● House - In Contract

9955 County Road 120

Salida, CO 81201
bedrooms
6 Beds
bathrooms
3 Baths
square feet
4,470 Ft²
$6,366
Est. Monthly
2.78%
Cap Rate

About This Property

Exceptional Investment Property!  This triplex offers versatility to suit your needs, whether you're seeking a primary residence, income-generating rentals, or a mix of both! Unit "C" boasts an impressive 3,077 sq. ft. of living space, offered fully furnished, complete with a massive back deck  with 731' perfect for enjoying stunning southern views while soaking up plenty of Vitamin D.  It has 3 bedrooms and 2 bathroom, the kitchen and family room upstairs and a wonderful great room on the lower level.  Everyone will enjoy the sunroom with wet bar and hot tub outside.  Unit "A," a charming 1-bedroom, 1-bath space, could serve as a "mother-in-law" suite, or a long-term/short-term rental. With 610 sq. ft., it's the perfect private retreat. Unit "B" features 2 bedrooms and 1 bath, which could also be either a STR or long term.  Very well established.  This property has been fully remodeled and is in excellent condition, being very bright, open and inviting. Each unit includes its own kitchen, private living spaces, and laundry room for convenience. The large back deck is perfect for entertaining, while Unit "A" and Unit "B" enjoy private patios and courtyards for more intimate relaxation.  Additional highlights include a 2-car attached garage, which can double as a game room, desirable radiant heated floors, granite countertops, walk in closets and very nice bathrooms in every unit. With Commercial Zoning and Board House C/O designation, this property allows up to 10 occupants and does not require a short-term rental permit.  Generating a NOI of $85,075 in 2024, this property is truly "turn-key." Just 20 minutes from Monarch Ski Area, close to the Arkansas River for rafting and fishing, and a mere 10 minutes to downtown dining, shopping, and entertainment, this property is an investor's dream. Don't miss the opportunity to own this stunning and versatile mountain retreat!  Call now for private showing.  For further information pull up the 6 pg. brochure attached.
Unit Size
4,470 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$279
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1984

Listed By

Mary Kale
Full Circle Real Estate Group

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Cap Rate Calculator

Last updated: 10 months ago (REcolorado MLS #6666338)

Price History

Date / Event Date Event Price
Dec 18, 2025 In contract -
In contract
Jul 15, 2025 Price Decreased $1,245,000
↓ $150K (10.8%)
Price Decreased
Jun 19, 2025 Price Decreased $1,395,000
↓ $50K (3.5%)
Price Decreased
Mar 11, 2025 Price Decreased $1,445,000
↓ $150K (9.4%)
Price Decreased
Feb 20, 2025 Price Decreased $1,595,000
↓ $54K (3.3%)
Price Decreased
Show More

Property Highlights

Garage
With View
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: In-Law Floorplan, Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Kitchen Island, Cathedral/Vaulted Ceilings
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave
Laundry Features: In Basement
Basement: Full, Partially Finished, Walk-Out Access, Built-In Radon, Radon Test Available
Exterior Details
Has Property Attached
Square Footage: 4470
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Chalet
Year Built: 1984
Building Area Total: 1830
Levels: Two
Other Structures: Outbuildings
Window Features: Double Pane Windows
Construction Materials: Stucco, Concrete, Wood/Frame
Patio and Porch Features: Patio, Deck
Lot Features: Wooded, Xeriscape
Lot Size Area: 21780
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Lot Size Square Feet: 21780
Water Source: Well
Financial Details
Tax Annual Amount: $3,030
Utilities Details
Cooling Type: Wall/Window Unit(s), Ceiling Fan(s)
Heating Type: Baseboard, Radiant
Sewer : Public Sewer, City Sewer

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 5,256
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • Legal Description 1: TRACT 1 SCHARCH BLA PLAT 315606 REC 484616

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000300

Geography

  • Subdivision Tract Number: 1
  • Parcel: R380511200024
  • Meridian: SEC 11 TWN 49N RNG 8E
  • Latitude: 38.518
  • Longitude: -106.061

    Address

  • Full Address: 9955 County Road 120
  • Address - House Number: 9955
  • Address - Street Name: County Road 120
  • State: CO
  • City Name: Salida
  • Carrier Code: H031
  • 4-Digit Zip Code: 9468
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 3,504
  • Tax Year: 2022
  • Tax Amount: $190,988
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.0698
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 96
  • Final Value: 835,564
  • High Value: 893,963
  • Low Value: 777,166

    Market Valuation

  • Market Total Value: $526,472
  • Market Land Value: $96,617
  • Market Improvement Value: $429,855

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,580
  • Assessed Land Value: $6,710
  • Assessed Improvements Value: $29,870

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 484616
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Contract Date: Jun 30, 2015
  • Previous Sale Amount: $324,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Poncha Springs


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Frequently Asked Questions

When was property at 9955 County Rd 120 built and last sold?
The property at 9955 County Rd 120 was built in 1984 and last sold on Nov 28, 2022 for $831,000.
How much is this home worth?
The estimated value of the home located at 9955 County Rd 120 is $1,257,450.
What are some comparable homes to 9955 County Rd 120?
There are currently no comparable homes to 9955 County Rd 120.