$425,000
SOLD JUL 14, 2025

510 Cornerstone Trail Montrose, CO 81403

4.33 Acres
$98,152 Price per Acre
188,615 Sq Ft Lot

Recently Sold

410 Days on Market

About This Lot

As of July 2025

This is a generously-sized 4.33-acre homesite located above the second green with dramatic views of the Cimarron Mountains and easy access off of Cornerstone Trail. Located in the exclusive 4,800-acre gated Cornerstone Golf Community, the property is 18 miles south and west of Montrose and only 40 miles from Telluride. Cornerstone features an 18-hole, 8,000-yard championship Greg Norman designed golf course. The course provides sweeping mountain views from its Horsefly Mesa location, including impressive landscapes and more intimate Aspen glades. Over 20 miles of hiking, biking and riding trails, fishing, four-wheeling, horseback riding, sporting clays and cross country skiing and snow shoeing in the winter provide endless activities for the whole family.

Last Agent to Sell the Property

Jim Lucarelli

Compass Listed on: 05/06/2024

Compass

Last Buyer's Agent

Montrose NON MEMBER

NON-MEMBER/FSBO Montrose

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,580

Lot Details

  • 4.33 Acre Lot

HOA Fees

  • $67 Monthly HOA Fees

Schools

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

Community Details

  • Cornerstone Owners Association
  • Cornerstone Subdivision

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 425915312005

Property Details

Property Type

Land

Est. Annual Taxes

$4,580

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: CORNERSTONE PHASE I Lot: 5 Block: 12-B HOMESTEAD 5
  • Parcel Id Number: 425915312005
  • Street Designation: Trail
  • HOA Fee Frequency: Annually
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 4.33
  • Current Property Use: Mountain Recreation
  • Em Deposit: 15000
  • Mineral Rights: Unknown
  • Price Acre: 114318.71
  • Price per Sq Ft: 2.62
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 98152.42
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 4,579.80
  • Prop Description Remarks: This is a generously-sized 4.33-acre homesite located above the second green with dramatic views of the Cimarron Mountains and easy access off of Cornerstone Trail. Located in the exclusive 4,800-acre gated Cornerstone Golf Community, the property is 18 miles south and west of Montrose and only 40 miles from Telluride. Cornerstone features an 18-hole, 8,000-yard championship Greg Norman designed golf course. The course provides sweeping mountain views from its Horsefly Mesa location, including impressive landscapes and more intimate Aspen glades. Over 20 miles of hiking, biking and riding trails, fishing, four-wheeling, horseback riding, sporting clays and cross country skiing and snow shoeing in the winter provide endless activities for the whole family.
  • Subdv Name: Cornerstone
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Cornerstone Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 800
  • Hoa Name: cornerstone owners association

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

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jul 14, 2025
Sold by
Rourke Trivell and Rourke Maritess Trivell
Bought by
Gilliland Joey
Seller's Agent
Jim Lucarelli
Compass
Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
List Price
$425,000
Sold Price
$425,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-67.45%

Purchase Details

Closed on
Dec 15, 2022
Sold by
Rourke Trivell
Bought by
Sweet Tiffany O

Purchase Details

Closed on
Dec 30, 2013
Sold by
Sequoia Partners Ltd
Bought by
Trivell Rourke and Trivell Maritess

Purchase Details

Closed on
Aug 8, 2006
Sold by
Cornerstone Montrose Llc
Bought by
Sequoia Partners Ltd and Rourke Trivell
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Land Title Guarantee
Quit Claim Deed -- Land Title Guarantee Company
Quit Claim Deed -- None Available
Special Warranty Deed $392,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $425,000 -14.1% --
06/20/2025 06/20/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $495,000 +16.5% --
05/06/2024 05/06/24 For Sale $425,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

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 $11,395 $82,880 $82,880 $0
2023 $11,395 $82,880 $82,880 $0
2022 $4,580 $28,280 $28,280 $0
2021 $4,540 $28,280 $28,280 $0
2020 $1,934 $12,470 $12,470 $0
2019 $1,934 $12,470 $12,470 $0
2018 $1,733 $11,020 $11,020 $0
2017 $1,730 $11,020 $11,020 $0
2016 $1,603 $10,220 $10,220 $0
2015 -- $10,220 $10,220 $0
2012 -- $97,150 $97,150 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Lucarelli

    Seller's Agent in 2025

    Jim Lucarelli

    Compass

    (970) 708-2255

    88 Total Sales

    Section Image

  • M

    Buyer's Agent in 2025

    Montrose NON MEMBER

    NON-MEMBER/FSBO Montrose

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813248

Colorado Real Estate Network (CREN)

APN: R005830

Colorado Ouray County Montrose 81403

510 Cornerstone Trail, Montrose, CO

This home is located at 510 Cornerstone Trail, Montrose, CO 81403 and is currently priced at $425,000. 510 Cornerstone Trail is a home located in Ouray County with nearby schools including Ridgway Elementary School, Ridgway Middle School, and Ridgway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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