Price Reduction
Address
7531 High Mesa Road, Olathe, CO
Price
$ 1,199,000
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

Price
AVG $780K
$1.2M
Taxes
AVG $2,678
$2,717
Year Built
AVG 1985
1925

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