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218 Poncha Boulevard, Salida, CO, 81201

3beds
1baths
1,225sqft
$525,000
$429price/sqft
$3,117/moest. monthly cost
$124,680/yrincome needed

About This Home

Opportunity knocks in one of Salida's most convenient in town locations. Recently reduced to $499,000, this property offers an excellent chance to build equity while creating a home that reflects your own style and vision. Offering 1,225 square feet, the home features three bedrooms, one bathroom, and a functional single level layout ready for updates and personal touches. Whether you're a first time buyer, investor, or someone looking for an affordable entry into the Salida market, the solid floor plan provides a great foundation for future improvements. Situated on a 0.17 acre lot, the fully fenced backyard offers plenty of room for pets, gardening, outdoor entertaining, or simply enjoying Colorado's sunny days. An attached garage provides convenient parking and additional storage. The location is hard to beat. Just minutes from historic downtown Salida, you'll enjoy easy access to local restaurants, shopping, parks, schools, the Arkansas River, and the extensive trail system that makes this area one of Colorado's premier outdoor destinations. If you've been waiting for an opportunity to invest in a well located property with room to add value, this recent price reduction makes it one worth seeing.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
94
BikeBiker's Paradise

Schools

9/10
4/10
Salida Middle SchoolGrades 5-80.8 mi
5/10
Salida High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Concrete,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Oven,Range,Refrigerator

Bathroom

  • Features: Primary Suite
  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Features: Primary Suite
  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area above ground: 1,225

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 1,225
  • Total interior livable area: 1,225 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: R368132310134
  • Zoning: Residential
  • Special condition: Standard
  • Exclusions: Sellers Personal Property

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch
  • Fencing: Full

Lot

  • Lot size: 7,405 sqft
  • Features: Landscaped,Level,Near Ski Area

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

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

How This Home’s Risks Compare

Inland Flooding
Lightning
Avalanche
Winter Weather
Hail
Landslide
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 $2,654$31,848
Home Insurance *$151$1,812
Property Taxes $126$1,512
Electricity $186$2,232
Total$3,117$37,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,868/yr
40% on housing$93,510/yr
45% on housing$83,120/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

$429This listing

vs Other Active Listings

Avg $/sqft

ZIP 81201$292
Chaffee County$337

vs Homes Sold Last Month

Median $/sqft

ZIP 81201—
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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$499,000
2026-08-07Price change$499,000
2026-07-27Price change$525,000
2026-07-01Price change$549,000
2026-06-01Listed for sale$575,000
2011-07-08Listing removed$225,000
2010-12-31Listed for sale$225,000

For Sale by Agent

AgentJeff Post
BrokerageCentury 21 Community First

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