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3998 5500 Road

Olathe, CO 81425
  • $1,425,000
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 790267
UPDATED: 31 min ago
$1,425,000
  • 3
    BEDS
  • 36
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,463
    SQFT
  • $974
    $/SQFT
Neighborhood:
Type:
Farm
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Re/Max Alpine View.


Description

This is an opportunity for an extremely productive 36 acres with 23 shares of UVWUA irrigation water! Two large ponds and an incredible irrigation system with buried pressurized pipe and a comprehensive drip system as well. The land has proven productive for a variety of crops. Four large grain bins currently leased to Producer's Co-op for additional passive income. When it comes to the structures on the property there is immense versatility in the 6,000 sq ft greenhouse and 15,000 sq ft shop! The shop currently has a section plumbed for a 1/2 bath and 4-5 zones of in-floor heat (needs boiler). The shop has storage built above the office space on a sizable mezzanine and a large open floor with doors for easy access for machinery and whatever your needs may be. Turning attention to the original farmhouse it was completely remodeled in 2007 and is a well kept 3 bed 1 bath home in a very pleasant setting on the escarpment overlooking fields with great views of the West Elks, Buckhorn, Cimarrons, Grand Mesa, etc. Between the views, wildlife, existing structures, water rights, land use options and peaceful location this property is truly an opportunity to be had. Call today for additional information and a private showing.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-22T17:56:54.87.
www.lovewhereyouliveco.com/homes/125427940
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3998 5500 Road Olathe, CO 81425

  • Price: $1,425,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 31 min ago
  • MLS #: 790267
3
Beds
1
Baths
0
½ Baths
36
Acres
1,463
SQFT
$974
$/SQFT
1920
Built
Neighborhood:
Other
County:
Montrose
Area:
Olathe
Elementary School:
Olathe K-5
Middle School:
Olathe 6-8
High School:
Olathe 9-12
Property Description
This is an opportunity for an extremely productive 36 acres with 23 shares of UVWUA irrigation water! Two large ponds and an incredible irrigation system with buried pressurized pipe and a comprehensive drip system as well. The land has proven productive for a variety of crops. Four large grain bins currently leased to Producer's Co-op for additional passive income. When it comes to the structures on the property there is immense versatility in the 6,000 sq ft greenhouse and 15,000 sq ft shop! The shop currently has a section plumbed for a 1/2 bath and 4-5 zones of in-floor heat (needs boiler). The shop has storage built above the office space on a sizable mezzanine and a large open floor with doors for easy access for machinery and whatever your needs may be. Turning attention to the original farmhouse it was completely remodeled in 2007 and is a well kept 3 bed 1 bath home in a very pleasant setting on the escarpment overlooking fields with great views of the West Elks, Buckhorn, Cimarrons, Grand Mesa, etc. Between the views, wildlife, existing structures, water rights, land use options and peaceful location this property is truly an opportunity to be had. Call today for additional information and a private showing.
Exterior Features

Acreage Range 51-100 Acres Approx Irrig Acres 23 Barn Yes Carport No Corral No Fence Barbed WireFull Property Garage No Improvements Structures OtherBarnChicken CoopGreenhouseMetal BuildingWorkshop Irrigation System Rights Drip SystemPump Pasture Yes Property Attached No Sewer Septic Stories One Story Street Description CountyPaved Topography LevelSloped Views Lake/Pond/ReservoirMountainsStream/RiverValley Water Available Water Well No Waterfront Pond Waterfront YN No

Interior Features

Additional Living Quarters No Cooling Evaporative Cooler Fireplace Den/Family RoomPellet Heating Fuel Source PelletPropane Heating System Other One Quarter Baths 0 Total Office Dens 0 Water Heater Propane Water Heater

Property Features

Adjudicated Unknown Annual Irrig Cost 3200 Can Be Divided Unknown Covenants No Current Use Ag/Row CropsOtherResidential Single FamilyIrrigated Farmland Green Certification No Hoa No Horse Setup No Income Producing Yes Irr Water Desc Amnt 23 Shares Irrigation Water District Uvwua Leased No New Construction YN No Possession Negotiable Possible Property Use Ag/LivestockAg/Row CropsCattleCommercialDairyFeed LotGrazingHay ProductionHogsHorsesHuntingIrrigated FarmlandOrchardPasturePoultryRecreationResidential Single FamilySheep RanchTree FarmVineyard Press System Yes Property Type AgricultureMulti-UseResidential/Single Family Reo Lender Owned No Tax Year 2021 Total Taxes 5972.40 Type With Residence Utilities ElectricityInternetPhonePropane-Tank LeasedPropane-Tank Owned Water Rights Yes Year Remodeled 2007 Zoning Agriculture

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-22T17:56:54.87.
 
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Western Slope Real Estate
1338 Grand Ave, Suite 313
Glenwood Springs CO, 81601
Listing courtesy of Re/Max Alpine View.