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A FIXER-UPPER WITH 36 ACRES--Yes, folks, this one is rough and needs a lot of work, but it has a ton of potential and a great location. Originally this 36-acre property had a mobile home on it and a "bunkhouse" that barely shows up on county records. The mobile home has been removed and the bunkhouse has been halfway remodeled. It has a new roof, siding, windows, and water heater but still has a long ways to go to be completed. However, the property does have two power services and two septic systems and one Tri-County water tap, but another could be purchased. The parcel is situated right on the edge of civilization, with hundreds of thousands of acres of BLM lands and the Uncompahgre Plateau right out the back door to the west and thousands of acres of green irrigated farmland on the east. This parcel borders BLM lands on two sides with a gate giving access to public lands. The acreage includes a small canyon with rimrock ridges, some of which have ancient petroglyphs, and lots of stone that could be utilized for high-end landscaping. Although the property does not have water rights, the CQ Lateral flows through parts of it, providing water for tall trees shading the vacant building site. When the Uncompahgre gets rainfall, the intermittent stream in the little canyon flows into the glade below the bunkhouse, greening up the little valley and providing some grazing for a horse pasture. For the horseman who would like to ride out the back gate, the ATV or dirt bike enthusiast, or the hard-core 4-wheeler, this property offers the gateway to freedom. The climate here is temperate, with a long growing season and warmer winter days. To the east, the whole valley is irrigated and the neighbors are farmers, ranchers, and hobby farms. Lots of sweet corn, onions, pinto beans, hay, fruit, and cattle ranches. It's a beautiful country setting. The bunkhouse has 800 square feet on the the bottom level and the upstairs is about 300 square feet. The new owner could build a home where the old trailer used to be, or bring in another modular or HUD home.
| LAST UPDATED | 5/4/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | Olathe |
| COUNTY | Montrose | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Open Enrollment |
|---|---|
| Jr. High School | Open Enrollment |
| High School | Open Enrollment |
| ADDITIONAL DETAILS | |
| AREA | Olathe |
|---|---|
| LOT | 36 acre(s) |
| SUBDIVISION | None |
| TAXES | 1484 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with United Country Colorado Brokers, Inc.
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 6:14 AM PDT
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