About This Home
This 4-bedroom, 6-bathroom single family at 16695 County Road 162 in Nathrop, CO is listed for $995,000 ($317 per sqft). Built in 1972, the home offers 3,140 sqft of living space on a 1.00 acres lot.
Key Features
- Built in 1972
- 1.00 acre lot
- 2 parking spaces
- Fireplace
Property Details
Amenities
Cliffside - A Mountain Retreat Above Chalk Creek Valley. Perched above the Chalk Creek Valley beneath the dramatic Chalk Cliffs, Cliffside is a one-of-a-kind retreat designed in the spirit of Frank Lloyd Wright, with intentional spaces that feel both functional and inviting.
This three-level home offers 3 bedrooms, 3.5 baths, and three fireplaces, thoughtfully updated through two major remodels (2005 and 2017) plus ongoing improvements into 2026 - including a new roof, main-level windows, and HVAC compressor. The standout primary suite (2017) features a spectacular bath, walk-in closet, private stairway, and covered rear porch, with a wrought-iron balcony railing added in 2026.
Expansive all-new windows and sliding doors, plus a large west-facing deck (2017, engineered wood), capture unforgettable Colorado sunsets and flood the home with light. Currently operated as a short-term rental with strong income history, it offers excellent flexibility for an owner-user and/or investor.
Mechanical systems have been proactively maintained - replaced water heaters, furnace, gas line resealing, and septic servicing - and a whole-house central vacuum adds everyday convenience. A detached ADU above the garage, remodeled in 2021 with a larger kitchen and new wood flooring (plus new roof and water heater in 2026), offers 2 bedrooms and 1.5 baths - ideal as a long-term rental, guest quarters, or private lock-off space.
The oversized garage with two doors provides ample room for vehicles, storage, and all your Colorado toys, with parking for up to four vehicles. Enjoy 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).
Monthly Cost Estimate
$5,321/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16695 County Road 162
Nathrop, CO 81236
Princeton Shadows
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Outdoor Features
Heating
Questions & Answers
This 4-bedroom, 6-bathroom single family at 16695 County Road 162 is listed at $995,000 ($317/sqft). The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 1.00 acre lot, 2 parking spaces, Fireplace. Interior Features: Central Vacuum, Entrance Foyer, Five Piece Bath. Exterior Features: Balcony.
This property is listed by Brett Rankin and can be reached at (719) 539-0200.


