$1,200,000
$149K PRICE DROP

21179 U S 550 Montrose, CO 81403

Estimated payment $6,806/month

Total Views 21,242
4 Beds
3.5 Baths
5,367 Sq Ft
$224 Price per Sq Ft

Highlights

  • Accessory Dwelling Unit (ADU)
  • Home fronts a pond
  • Deck
  • Horses Allowed On Property
  • Lake View
  • Wood Burning Stove

About This Home

Set against the stunning backdrop of Montrose, Colorado, this expansive 1.79-acre property seamlessly blends rustic elegance with modern convenience. The 4,517 sq. ft. custom log home features 4 bedrooms and 3 bathrooms, with soaring east-facing windows that bathe the home in natural light while framing breathtaking mountain views. A spacious kitchen with an abundance of cabinet space offers both style and function, while the primary suite boasts a private upper-level deck, perfect for peaceful mornings or evening relaxation. Adding to the estate’s appeal is a completely remolded and charming 2-bedroom, 1-bathroom guest house, providing a private retreat for visitors or a lucrative short-term rental opportunity. With its combination of luxury, space, and income potential, this exceptional home is a rare find in the heart of Colorado’s natural beauty.

Listing Agent

Jeremy Rediger

Keller Williams Realty Southwest Associates, LLC - Montrose Listed on: 03/06/2025

Keller Williams Realty Southwest Associates, LLC - Montrose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1989

Lot Details

  • 1.79 Acre Lot
  • Home fronts a pond
  • Open Space
  • Property is Fully Fenced
  • Fenced Front Yard
  • Barbed Wire
  • Landscaped
  • Sprinkler System
  • Property is zoned Mixed-Use

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 5,367 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Gazebo
  • Shed

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Farming

  • 2 Irrigated Acres
  • Cattle
  • Sheep or Goats

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Irrigation Water Rights
  • Gas Water Heater
  • Engineered Septic
  • Septic Tank
  • Internet Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 399335104001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,364

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 1.79
  • Estimated Total Acres: 1.794
  • Class: RESIDENTIAL
  • Em Deposit: 10,000.00
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Deck, Lawn Sprinklers, Irrigation Pump
  • Legal Lot Block: LOT 1, AMENDED DAVIS EXEMPTION FORBOUNDARY LINE ADJUSTMENT, ACCORDINGTO THE PLAT RECORDED MAY 13, 2015UNDER RECEPTION NO. 864989 COUNTY OFMONTROSE, STATE OF COLORADO.
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 399335104001
  • Price Per Sq Ft: 223.59
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Realist Id: 3993-351-04-001
  • Residence Stories: Two Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Siding: Log, Stucco
  • Street Descriptionaccess: County, City/Town, Paved, Public
  • Street Designation: Highway
  • Waterfront Type: Pond
  • Zoning: Residential Single Family, Mixed-Use
  • Type: Stick Built
  • Additional Living Type: ADU-Accessory Dwelling Unit
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 3363.60
  • Year Built: 1989
  • Foreign Owned Y N: No
  • Prop Description Remarks: Set against the stunning backdrop of Montrose, Colorado, this expansive 1.79-acre property seamlessly blends rustic elegance with modern convenience. The 4,517 sq. ft. custom log home features 4 bedrooms and 3 bathrooms, with soaring east-facing windows that bathe the home in natural light while framing breathtaking mountain views. A spacious kitchen with an abundance of cabinet space offers both style and function, while the primary suite boasts a private upper-level deck, perfect for peaceful mornings or evening relaxation. Adding to the estate’s appeal is a completely remolded and charming 2-bedroom, 1-bathroom guest house, providing a private retreat for visitors or a lucrative short-term rental opportunity. With its combination of luxury, space, and income potential, this exceptional home is a rare find in the heart of Colorado’s natural beauty.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Hardwood, Tile, Vinyl
  • Estimated Total Sq Ft: 5367
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 1
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room, Woodstove
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Barbed Wire, Full Property, Fenced - Front
  • Windows: Double Pane, Wood
  • Construction Type: Wood Frame, Log, Wood
  • Exterior Structures: Gazebo, Guest House
  • Roof: Metal
  • Views: Mountains, Lake/Pond/Reservoir

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Cooling: Forced Air, Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air, Wood Stove
  • Irrigation Water Description Amount: 2.5 shares
  • Irrigation Water District: UVWUA
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,364 $47,240 $8,080 $39,160
2023 $3,364 $65,710 $9,040 $56,670
2022 $2,979 $43,290 $6,090 $37,200
2021 $3,070 $44,530 $6,260 $38,270
2020 $2,470 $36,820 $5,860 $30,960
2019 $2,487 $36,820 $5,860 $30,960
2018 $2,237 $32,320 $4,210 $28,110
2017 $2,219 $32,320 $4,210 $28,110
2016 $2,070 $30,650 $4,230 $26,420
2015 $2,118 $31,930 $5,510 $26,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $1,200,000 -5.9% $224 / Sq Ft
07/23/2025 07/23/25 Price Changed $1,274,900 -1.9% $238 / Sq Ft
05/12/2025 05/12/25 Price Changed $1,299,000 -3.7% $242 / Sq Ft
03/06/2025 03/06/25 For Sale $1,349,000 -- $251 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $760,000 --
Special Warranty Deed $480,500 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Previous Owner $450,500 New Conventional
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 821730

Colorado Real Estate Network (CREN)

APN: R0023312