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16695 County Road 162, Nathrop, CO, 81236

4beds
6baths
3,140sqft
$995,000
$317price/sqft
$5,846/moest. monthly cost
$233,840/yrincome needed

About This Home

Perched above the Chalk Creek Valley and tucked beneath the dramatic Chalk Cliffs, Cliffside is a one-of-a-kind mountain retreat—designed in the spirit of Frank Lloyd Wright, with intentional spaces that feel both functional and inviting. This three-level home features 3 bedrooms, 3.5 baths, and three fireplaces, and has been recently remodeled, including a standout primary suite with a spectacular bath. Expansive windows and a large west-facing deck capture unforgettable Colorado sunsets and flood the home with natural light. This property is currently operated as a short-term rental with a strong income history, offering excellent flexibility for an owner-user and/or investor. An added bonus is the detached accessory dwelling unit (ADU) above the garage, featuring 1 bedroom and 1.5 baths—ideal to utilize as a long-term rental, guest quarters, or a private lock-off space depending on your needs. The oversized garage with two garage doors provides ample room for vehicles, storage, and all your Colorado toys. Enjoy parking for up to four vehicles, and an unbeatable location just down the road from Mount Princeton Hot Springs, with easy access to St. Elmo, the Colorado Trail, and the dining and shopping of Salida and Buena Vista (approx. 15–20 minutes).

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

5/10
7/10
Buena Vista High SchoolGrades 9-128.2 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1972

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Chalet
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bathroom

  • Level: Upper

Bathroom

  • Features: Primary Suite
  • Level: Upper

Bathroom

  • Level: Main

Bathroom

  • Level: Lower

Bathroom

  • Level: Upper

Bathroom

  • Level: Lower

Bedroom

  • Features: Primary Suite
  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Lower

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Features

  • Central Vacuum,Entrance Foyer,Five Piece Bath,Kitchen Island,Primary Suite
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Basement,Bedroom,Living Room
  • Fireplace: Yes
  • Finished area below ground: 666
  • Finished area above ground: 2,474

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 3,140
  • Total interior livable area: 3,140 sqft

Kitchen

  • Level: Main

Kitchen

  • Level: Upper

Laundry

  • Level: Lower

Living Room

  • Level: Main

Living Room

  • Level: Upper

Property

Details

  • Parcel number: R342324300095
  • Zoning: Residential
  • Special condition: Standard
  • Exclusions: None.

Features

  • Levels: Tri-Level
  • Patio & porch: Covered,Deck,Patio,Wrap Around
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Mountain(s),Valley
  • Residential vegetation: Natural State,Partially Wooded

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Avalanche
    AvalancheRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Avalanche
Inland Flooding
Landslide
Winter Weather
Hail
Wildfire

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$338$4,056
Property Taxes $240$2,880
Electricity $237$2,844
Total$5,846$70,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,434/yr
40% on housing$175,380/yr
45% on housing$155,893/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 17.7%
17.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 10.8%
10.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$317This listing

vs Other Active Listings

Avg $/sqft

ZIP 81236$316
Chaffee County$336

vs Homes Sold Last Month

Median $/sqft

ZIP 81236—
Chaffee County$350

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$1,095,000
2026-04-17Listing removed$1,095,000
2026-03-19Pending sale$1,095,000
2026-03-09Listed for sale$1,095,000
2001-07-30Sold$200,000

For Sale by Agent

AgentBrett Rankin
BrokeragePinon Real Estate Group LLC

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