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Completed in 2023, this one-of-a-kind Western Colorado property combines modern construction, strong water resources, and a highly livable rural lifestyle in one rare offering. Located near Olathe, the property spans approximately 77.08 acres and offers privacy, mature trees, multiple ponds, and over a mile of year-round creek frontage—an increasingly valuable combination in today's dry conditions. The home offers approximately 3,980 square feet with 3 bedrooms, 3.5 bathrooms, and two additional office spaces that could easily be used as bedrooms. Built for longevity and efficiency, the home features 6-inch ICF concrete exterior walls, a 50-year metal roof, and a full stucco and metal exterior finish. Inside, the home features custom cabinets, quartz countertops, a large 6x6 kitchen island, gas cooktop with double ovens, pot filler, double convertible fridge/freezer units, and a hidden walk-in pantry. Knotty alder doors, cedar trim milled in Montrose, recessed lighting throughout, and a wood-burning stove bring a clean, warm finish to the living space. Comfort is handled by individual mini-split climate systems in every room, along with on-demand propane hot water and modern smart lighting. Upstairs includes a theater/family room and two additional office or bedroom spaces, providing flexibility for guests, extended family, or working from home. Outdoor living is just as impressive. The property includes covered porches, a heated swim spa, saltwater pool with sand beach area, pergola with swings and firepit, and a sand volleyball court—creating a setting that is equally suited for entertaining, relaxing, or everyday life on the Western Slope. The land is a standout, with a 53-tree irrigated orchard, ½ acre garden with drip irrigation, berries, grape vines, and room for expansion. Water is a defining feature of this property, with approximately 38 shares of Uncompahgre Valley Water, multiple springs, ponds, year-round creek frontage, and irrigation infrastructure already in place—offering a level of usability and long-term value that is difficult to find. Additional features include: ½ acre spring-fed duck and fish pond with hunting blind Walking and ATV trails throughout the property Large mature trees and mulberry groves Insulated 16x20 outbuilding with power Multiple frost-free hydrants Two 200-amp power services plus additional power for future shop Backup generator ready for installation The property has been recently surveyed and offers multiple additional building sites, allowing room to expand with additional homes, barns, or shops. This is a rare opportunity to own a thoughtfully built custom home with productive irrigated acreage, significant water features, and the kind of privacy, recreation, and everyday comfort that defines Western Colorado living. Home can be offered mostly furnished, and select farm equipment may also be available for a turnkey setup. Check out the video and 3D tour!
| LAST UPDATED | 4/17/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 2023 | COMMUNITY | Olathe |
| GARAGE SPACES | 2.0 | COUNTY | Montrose |
| STATUS | Active | PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Open Enrollment |
|---|---|
| Jr. High School | Open Enrollment |
| High School | Open Enrollment |
| PRICE HISTORY | |
| Prior to Apr 2, '26 | $2,149,500 |
|---|---|
| Apr 2, '26 - Apr 17, '26 | $1,994,000 |
| Apr 17, '26 - Today | $1,844,000 |
| ADDITIONAL DETAILS | |
| AREA | Olathe |
|---|---|
| BASEMENT | Concrete, Yes |
| FIREPLACE | Yes |
| GARAGE | Yes |
| LOT | 77.08 acre(s) |
| LOT DESCRIPTION | Cleared, Waterfront, Wooded |
| STORIES | 2 |
| STYLE | Ranch |
| SUBDIVISION | None |
| TAXES | 3533.88 |
| UTILITIES | Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Pond, Stream |
| ZONING | Agriculture,Residential Single Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Whitetail Properties Real Estate LLC
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 2026. 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.
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Fair Housing DisclaimerThis data was last updated: 5/7/26 6:19 AM PDT
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