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$1,250,000

Est. payment - /mo

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3 Beds

1 Bath

1,463 SqFt

New

3998 5500 Road Olathe, CO 81425

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Nike VanArsdale

nikevanarsdale@epique.me +1(970) 835-9044

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 1,463 sqft

Price per Sqft $854

MLS Listing ID 833785

Style Raised Ranch

Bedrooms 3

Full Baths 1

Year Built 1920

Tax Year 2025

Lot Size 36.010 Acres

Acres 36.01

Property Sub-Type Stick Built

Property Description

Set on 36 highly productive acres, this property offers a rare combination of water, infrastructure, and peaceful country living in the unbeatable Western Colorado setting. With 27 shares of UVWUA irrigation water, a large pond, and an advanced irrigation system featuring buried pressurized pipe and a comprehensive drip network with filtration delivered through the convenience of a dedicated pump house, the groundwork is in place for continued agricultural success across a wide variety of crops and ventures. Adding to the income potential, four large grain bins are currently leased to Producer's Co-op, generating $4,500 annually in passive income. The improvements on the property provide outstanding flexibility for agricultural, residential, or a mixed use arrangement. The sprawling ±15,000 sq ft shop offers mostly clear-span space, multiple large access doors, and is partially equipped with plumbing for a ½ bath and 4–5 zones of in-floor heat (boiler needed). The shop also features a built-out office area with overhead mezzanine storage (~60'x25'), plus an additional expansive mezzanine (~75'x16') along the west wall. This building is ideal for equipment storage, operations, or future build-out. Whether you're running a business, storing toys, or envisioning a custom barndominium, this space is ready to adapt to your needs. Complementing the shop is an approximately 6,000 sq ft greenhouse, opening the door for year-round growing or specialty agricultural ventures. The original farmhouse, fully remodeled in 2007, is a well-maintained 3-bedroom, 1-bath home perched in a peaceful setting along the escarpment. Enjoy sweeping panoramic views of the West Elks, Buckhorn, Cimarrons, Grand Mesa, and surrounding farmland its truly an inspiring backdrop filled with abundant wildlife and natural beauty. With its combination of strong water rights, proven productivity, diverse improvements, income potential, and unbeatable views, this property presents a unique opportunity at an exceptional value rarely seen. Schedule your private showing today and explore the possibilities.

Location

State CO

County Montrose

Area Olathe

Zoning Agriculture,Residential Single Family

Interior

Furnishings Unfurnished

Exterior

Parking Features Detached Garage

Garage Spaces 20.0

Utilities Available Electric, Internet, Phone - Cell Reception, Propane-Tank Leased

Waterfront Description Pond

View Lake/Pond/Reservoir, Mountains, Valley

Building

Story One Story

Sewer Engineered Septic

Water Public

New Construction No

Schools

Elementary Schools Olathe K-5

Middle Schools Olathe 6-8

High Schools Olathe 9-12

Colorado Real Estate Network (CREN) + Sold

Listed by RE/MAX Alpine View

NEARBY SCHOOL & BUSINESS

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Nike VanArsdale

Broker Associate | License ID: 100105282

+1(970) 835-9044

3998 5500 Road Olathe, CO 81425

Nike VanArsdale

Key Details

Location

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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3998 5500 Road