$749,900

2065 & 2067 Locust Rd Montrose, CO 81401

Estimated payment $4,310/month

Total Views 211
1.81 Acres
$414,309 Price per Acre
78,844 Sq Ft Lot

About This Lot

* Montrose, Colorado Development Opportunity – 2 Acres, 39-Unit Shovel-Ready Project Skip the headaches, delays, and years of waiting for approvals—this 2-acre R-4 parcel in Montrose comes with fully approved plans for a 39-unit community. Every step of the entitlement process has been completed, saving you 12–24 months of costly time, staff hours, and government red tape. With approvals in hand, you can break ground immediately and have units built, sold, or rented within 12 months. Compare that to starting with raw dirt, where zoning and approvals could push your timeline out years. In real estate development, time is money—and this project gives you a massive head start. * The Vision This thoughtfully designed community addresses the biggest need in Montrose: affordable, flexible housing. Buyers want efficiency, adaptability, and smart layouts. These homes are designed for today’s lifestyles—perfect for single parents, grandparents, or buyers who don’t want to pay for unused space. Features like Murphy beds that convert into desks maximize square footage, while each unit includes a 1-car garage plus outdoor parking—offering practicality without wasted costs. * Seller Financing Available Rarely offered on a project of this scale, the seller is willing to carry financing with terms: 30% down (approx. $250,000) Seller will carry a first trust deed note for up to 2 years at 6.5% interest Monthly payments structured for builders and developers to secure additional funding or build in phases This unique financing option makes it possible to control a project with massive ROI potential while minimizing upfront capital. * Key Highlights: 2-acre R-4 parcel in Montrose, CO Plans completed & approvals in place for 39-unit residential community Shovel-ready – start building now, save 12–24 months of approval delays Smart, flexible layouts designed for modern buyers High-demand product in Montrose’s tight housing market Seller-carry financing available with competitive terms * Opportunities like this don’t last in Montrose. With approvals done, financing options available, and the local housing demand stronger than ever, this is your chance to bring one of the most innovative and affordable communities to market. Contact Don Martin, Montrose Realtor to review plans and documents today.

Listing Agent

Don Martin

Real Colorado Properties Listed on: 09/17/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,018

Schools

  • Johnson K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Additional Features

  • 1.81 Acre Lot
  • 2 Irrigated Acres
  • Irrigation Water Rights

Listing and Financial Details

  • Security Deposit $8,000
  • Assessor Parcel Number 376723305001

Property Details

Property Type

Land

Est. Annual Taxes

$4,018

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: LOT 1, ENDERICH MINOR SUBDIVISION, ACCORDING TOTHE PLAT RECORDED AUGUST 30, 1979 IN BOOK 12 ATPAGE 24, COUNTY OF MONTROSE, STATE OFCOLORADO.
  • Parcel Id Number: 376723305001
  • Street Designation: Road
  • Tax Account Id: 3767-233-05-001
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 1.8
  • Estimated Total Acres: 1.81
  • Current Property Use: Commercial
  • Em Deposit: 8000
  • Water Rights Irrigation: Yes
  • Irr Water Descamnt: 2 shares
  • Mineral Rights: Unknown
  • Price Acre: 414309.39
  • Price per Sq Ft: 9.51
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Total Taxes Dollar: 4018.28
  • Prop Description Remarks: * Montrose, Colorado Development Opportunity – 2 Acres, 39-Unit Shovel-Ready Project Skip the headaches, delays, and years of waiting for approvals—this 2-acre R-4 parcel in Montrose comes with fully approved plans for a 39-unit community. Every step of the entitlement process has been completed, saving you 12–24 months of costly time, staff hours, and government red tape. With approvals in hand, you can break ground immediately and have units built, sold, or rented within 12 months. Compare that to starting with raw dirt, where zoning and approvals could push your timeline out years. In real estate development, time is money—and this project gives you a massive head start. * The Vision This thoughtfully designed community addresses the biggest need in Montrose: affordable, flexible housing. Buyers want efficiency, adaptability, and smart layouts. These homes are designed for today’s lifestyles—perfect for single parents, grandparents, or buyers who don’t want to pay for unused space. Features like Murphy beds that convert into desks maximize square footage, while each unit includes a 1-car garage plus outdoor parking—offering practicality without wasted costs. * Seller Financing Available Rarely offered on a project of this scale, the seller is willing to carry financing with terms: 30% down (approx. $250,000) Seller will carry a first trust deed note for up to 2 years at 6.5% interest Monthly payments structured for builders and developers to secure additional funding or build in phases This unique financing option makes it possible to control a project with massive ROI potential while minimizing upfront capital. * Key Highlights: 2-acre R-4 parcel in Montrose, CO Plans completed & approvals in place for 39-unit residential community Shovel-ready – start building now, save 12–24 months of approval delays Smart, flexible layouts designed for modern buyers High-demand product in Montrose’s tight housing market Seller-carry financing available with competitive terms * Opportunities like this don’t last in Montrose. With approvals done, financing options available, and the local housing demand stronger than ever, this is your chance to bring one of the most innovative and affordable communities to market. Contact Don Martin, Montrose Realtor to review plans and documents today.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: UVWUA
  • Water Supplier: City Of Montrose

Schools

  • Elementary School: Johnson K-5
  • Middle School: Centennial 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Johnson K-5
  • Middle School: Centennial 6-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 For Sale $749,900 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 828614

Colorado Real Estate Network (CREN)