405 & 409 Highway 348 Olathe, CO 81425

Two homes on the Uncompaghre River with priority water and it's own adjudicated pipeline and reservoir as well as 2 water taps. This property includes 2.11 acres with 2 spacious, remodeled homes, highway frontage, river frontage, senior and absolute irrigation water rights, an orchard, gazebo, sprinkler system, storage/work shop with fire rated vault, beginning stages of a pergola, green and lush lawn, lots of garden spaces, and a huge parking area with pull through driveway. Front orchard includes two varieties of pears, three varieties of apples, and one apricot. There is an apple and two plums by the reservoir. Gardens feature a strawberry patch, raspberry patch, two varieties of grapes, peonies, roses, irises, tulips, lilac bushes, Japanese blossoms, lilies, established trees and bushes with lots of room to add more. Main home (405) has hardwood floors throughout with tile in the bathrooms and carpeted stairs. It features three bedrooms, two full baths, spacious kitchen, sunroom, office, walk in pantry, gas stove, baseboard heating, basement storage, and upgraded plumbing and electrical. Second home (409) has vinyl, tile, hardwood, and laminate floors. It features 3 bedrooms, one and a half baths, flex space, spacious kitchen, hardwood stairs, forced air furnace, upgraded plumbing and electrical, and walkout upstairs deck. Houses total 6 bedrooms and 3 1/2 bathrooms. Reservoir is registered as K-D Estates Pipeline and Reservoir with the State of Colorado. It features up to 0.12 CFS drawn directly from the Uncompahgre River year around, a two-horse river pump station, sprinkler pump, up to 11 zone irrigation sprinkler system. Back part of lot is undeveloped with room for additional lawns, green houses, orchard, etc. NO Covenants so you can stock the reservoir with fish, bring the ducks, geese, chickens, dogs, cats, etc. Bring your imagination as there is so much you can do with this property including commercial space as it sits on a corner inside city limits. Take a walk out back along the reservoir and river and forget that you’re on the highway! Live in one home and rent the other or combine families. Unlimited possibilities.