Property Attributes
- MLS#193626
- TypeSingle Family
- Listing Status Active
- CountyMontrose
- CityOlathe
- AreaOut of Area
- NeighborhoodNone
- Zip81425
- StyleSingle Family Residence
- Year Built1925
- Taxes$ 2717
- Price$ 1,199,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1985
- Lot Size79.1 Acres
Data Source:
Aspen Glenwood Springs MLS (AGSMLS)
Property Description
Situated in Olathe, Colorado, this 79± acre property offers established horse facilities, 56 shares of irrigation water, a year-round pond and spring, and a comfortable 3 bedroom, 2 bath home. This versatile property is well suited for horse enthusiasts, hobby farmers, or anyone looking to enjoy the Western Colorado lifestyle. The irrigated acreage includes productive hay fields with both alfalfa and grass/alfalfa mixes, providing excellent forage and hay production potential. Multiple frost-free hydrants are located throughout the property, offering convenient water access for livestock and daily operations. The year-round pond and spring provide a reliable water source during the winter months and add to the property's appeal for both livestock and wildlife. Horse facilities are already in place with multiple runs and pens equipped with metal shade structures, creating a functional setup for managing horses and livestock. Mature trees are scattered throughout the property, providing natural shelter and shade for animals while enhancing the overall setting. The flat, usable ground offers plenty of room to expand existing facilities or build an arena, shop, or additional improvements. Easy access and ample turnaround space for semis, horse trailers, and equipment make the property practical for agricultural use. In addition, there is potential income opportunity from a gravel pit located on the property. The home offers comfortable country living with plenty of room to enjoy the surrounding landscape. Conveniently located between Montrose and Delta, this property combines productivity, functionality, and room to grow while offering the space and flexibility to fit a variety of agricultural, equestrian, and rural living needs.
| Price History | |
|---|---|
| 7/2/2026 | Listed $1,299,000 |
| 9/15/2026 | 8$1,199,000 |
General Features
| Living Area | 1985 |
|---|---|
| Sewer | Septic |
| Heating | Other |
| Cooling | Evaporative Cooling |
| Utilities | Electricity Connected,Propane |
| Possession | DOD |
| Roof | Metal |
| Zoning | AG |
| Construction Materials | Stucco,Frame |
| Year Built | 1925 |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Montrose |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | false |
| Subdivision Name | None |
| Facing Direction | North |
| Garage Y/N | false |
| Building Features | Yes |
| Other Structures | Outbuildings |
| Total Rooms | 9 |
| Status | Active |
| Directions | From Main Street in Olathe, head east on Highway 348 and turn north onto High Mesa Road. Continue approximately 2 miles to the property on the east side of the road. Look for the sign at 7531 High Mesa Road. |
| City | Olathe |
| MLS Area | Out of Area |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3445596 |
| Listing Terms | New Loan,Cash |
| Property Condition | Good |
| MLS Area Minor | Within Colorado |
| Standard Status | Active |
Interior Features
| Total Fireplaces | 1 |
|---|---|
| Fireplace Features | Gas |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 1985 |
| Laundry Features | Inside |
| Total Baths | 2 |
Exterior Features
| Model | No |
|---|---|
| Fencing | Fence |
| Parking Features | RV Access/Parking |
| Lot Features | Landscaped |
| Water Source | Public |
| Inclusions | Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher |
| Lot Size Area | 79.1 |
| Building Area Total | 1985 |
| Lot Size Acres | 79.1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 81425
In The Neighborhood
Rifle
$ 550,000
- Type
- Single Family
- Size
- 3,079 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Snowmass
$ 20,000,000
- Type
- Single Family
- Size
- 4,582 SqFt
- Rooms
- 6 Beds + 5.5 Baths
Vail
$ 450,000
- Type
- Single Family
- Size
- 557 SqFt
- Rooms
- 0 Beds + 1 Baths
Carbondale
$ 4,800,000
- Type
- Single Family
- Size
- 4,591 SqFt
- Rooms
- 4 Beds + 3.5 Baths
New Castle
$ 1,990,000
- Type
- Single Family
- Size
- 2,842 SqFt
- Rooms
- 3 Beds + 3 Baths
Carbondale
$ 5,950,000
- Type
- Single Family
- Size
- 3,445 SqFt
- Rooms
- 3 Beds + 3 Baths
Carbondale
$ 2,250,000
- Type
- Single Family
- Size
- 5,432 SqFt
- Rooms
- 5 Beds + 5 Baths
Silt
$ 675,000
- Type
- Single Family
- Size
- 1,073 SqFt
- Rooms
- 3 Beds + 2 Baths
Rifle
$ 630,000
- Type
- Single Family
- Size
- 1,723 SqFt
- Rooms
- 3 Beds + 2 Baths
Rifle
$ 897,000
- Type
- Single Family
- Size
- 2,557 SqFt
- Rooms
- 2 Beds + 2 Baths
Carbondale
$ 785,000
- Type
- Single Family
- Size
- 1,302 SqFt
- Rooms
- 3 Beds + 1 Baths
Meeker
$ 305,000
- Type
- Single Family
- Size
- 1,680 SqFt
- Rooms
- 4 Beds + 2 Baths
Meeker
$ 329,000
- Type
- Single Family
- Size
- 2,030 SqFt
- Rooms
- 4 Beds + 2 Baths
Silt
$ 1,439,000
- Type
- Single Family
- Size
- 3,996 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
Aspen/Glenwood Springs MLS, Inc. Copyright ©2026 All rights reserved.
Last Updated: September 24, 2026 6:51 PM UTC