Description
Prime Development Opportunity - 5 Acres with Irrigation Water & Views! Exceptional opportunity to unlock the full potential of this 5-acre property, featuring 2 shares of irrigation water and breathtaking views of the San Juan Mountains and Grand Mesa. The existing structure is considered uninhabitable and is likely best suited for removal; however, this may be negotiable with the Seller. This creates a prime scenario for redevelopment and building new. The property offers the potential to be subdivided into two parcels (buyer to verify with county). A design for a new leach field has already been completed and paid for, providing added value for future development (not yet installed). With expansive acreage, water rights, and stunning views, this property is ideal for investors, builders, or buyers looking to create a custom residence or multiple home sites. Strong upside and flexibility-bring your vision!
Details
| MLS # | 833784 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 170 |
| Listing Provided By | CENTURY 21 Elevated Real Estate | Diane Haynes |
Features
| SQ Feet | 1,206 |
|---|---|
| Acreage | 5.00 |
| Property View | Yes |
Interior
| Furnished | Unfurnished |
|---|
Exterior
| Construction Materials | Stick Built |
|---|
Parking
| Garage Yes / No | No |
|---|
Other
| List Aor | Montrose Association Of Realtors |
|---|
Taxes
| Property | 1162 |
|---|
Area Information
| State | CO |
|---|---|
| County | Montrose |
| City | Olathe |
| Zip Code | 81425 |
| Area | Olathe |
| Community Name | Other |
| School District | Olathe 9-12 |
| Elementary School | Olathe K-5 |
| High School | Olathe 9-12 |
| Listing VS Median (in Other) | |
Price: $299,000 low | high Med: $549,900 sqft: 1,206 low | high Med: 1,662 $ / sqft: $248 low | high Med: $331 On site: 170 low | high Med: 61 | |
Market Activity 81425
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Learn More About This Property
| State | CO |
|---|---|
| County | Montrose |
| City | Olathe |
| Zip Code | 81425 |
| Area | Olathe |
| Community Name | Other |
| School District | Olathe 9-12 |
| Elementary School | Olathe K-5 |
| High School | Olathe 9-12 |
| Listing VS Median (in Other) | |
Price: $299,000 low | high Med: $549,900 sqft: 1,206 low | high Med: 1,662 $ / sqft: $248 low | high Med: $331 On site: 170 low | high Med: 61 | |