Olathe, CO 81425,5328 Highway 348
Olathe, CO 81425,5328 Highway 348
Olathe, CO 81425,5328 Highway 348
45
$1,199,000
$1,199,000
Est.Price: ?

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5 BD
3 BA
2,424 SqFt

5328 Highway 348 Olathe, CO 81425

Est. payment /mo
SOLD DATE : 01/05/2026

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Key Details

Sold Price $1,199,000

Property Type Single Family Home

Sub Type Stick Built

Listing Status Sold

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $494

MLS Listing ID 822689

Sold Date 01/05/26

Style Farm House

Bedrooms 5

Full Baths 1

Half Baths 1

Three Quarter Bath 1

Year Built 1910

Tax Year 2024

Lot Size 12.280 Acres

Acres 12.28

Property Sub-Type Stick Built

Property Description

Discover a gem property on 12.28 acres in Olathe, Colorado. This exceptional property serves as a primary residence and a captivating wedding/event venue, offering a tranquil yet elegant rustic setting with western charm. Thoughtfully curated features throughout the grounds enhance the experience, making every event memorable. The iconic “Red Barn,” originally built in 1910 and beautifully refurbished in 2018 is catering to weddings and various events. This versatile space offers endless possibilities, making it a perfect backdrop for celebrations. Complementing the barn, the property also includes a newly remodeled 1,448 sq. ft. modular home, ideal for Airbnb or VRBO accommodations. This home serves as a comfortable Bride's room and provides weekend stays for wedding guests. The 1950s residence features a cozy fireplace, a master bedroom with an en-suite bath on the main level, an office area, two additional bedrooms upstairs, and a downstairs space that can serve as extra living quarters or a workshop or pantry. Enhancing its appeal, the property offers a designated building site on the southern edge, complete with an existing stock water tap, an RV site, and a recently upgraded irrigation system. This property has 12 shares of irrigation water with an advanced wheel line irrigation system designed to optimize water usage efficiently. The system draws water directly from a nearby canal through a newly installed pump, ensuring a consistent and reliable water supply for agricultural needs. The wheel line setup allows for easy maneuverability across the fields. With this innovative irrigation solution, the property is well-equipped to meet the demands of modern farming while conserving resources. unique property not only presents a stunning home but also serves as an income-generating opportunity. Don't miss your chance to explore this remarkable piece of Colorado paradise!

Location

State CO

County Montrose

Area Olathe

Zoning Mixed-Use

Rooms

Basement Basement-finished

Interior

Interior Features Wood Stove, Ceiling Fan(s), Walk In Closet

Heating Fireplace, Forced Air, Wood Stove

Cooling Window A/C Unit(s)

Flooring Carpet-Partial

Fireplaces Type Den/Family Room, Free Standing, Living Room

Furnishings Unfurnished

Exterior

Exterior Feature Irrigation Pump, Irrigation Water

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available Electric, Internet, Phone - Cell Reception

View Mountains

Building

Story Three Story

Foundation Basement-finished

Sewer Septic System

Water City Water

New Construction No

Schools

Elementary Schools Open Enrollment

Middle Schools Open Enrollment

High Schools Open Enrollment

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Colorado Real Estate Network (CREN) + Sold
Listed by Real Colorado Properties

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Nike VanArsdale

Nike VanArsdale

Broker Associate | License ID: 100105282

+1(970) 835-9044

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