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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!
| LAST UPDATED | 4/20/2026 | TRACT | Other |
|---|---|---|---|
| YEAR BUILT | 1941 | COMMUNITY | Olathe |
| COUNTY | Montrose | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Olathe K-5 |
|---|---|
| Jr. High School | Olathe 6-8 |
| High School | Olathe 9-12 |
| ADDITIONAL DETAILS | |
| AREA | Olathe |
|---|---|
| BARN/EQUESTRIAN | Yes |
| LOT | 5 acre(s) |
| SEWER | Septic Tank |
| SUBDIVISION | Other |
| TAXES | 1162.76 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with CENTURY 21 Elevated Real Estate
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.
Real Estate listings held by companies other than Real contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 5/16/26 1:56 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
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