5550 Road Olathe, CO 81425
5
Beds
4
Baths
5,758
Sq Ft
40
Acres
Highlights
- Horses Allowed On Property
- 40 Acre Lot
- Fireplace in Bedroom
- RV or Boat Parking
- Creek or Stream View
- Deck
About This Home
As of March 2021Elegant timber frame home in a rural secluded setting!! Come home to your own 40 acres of privacy, with spectacular 360 Western Colorado views. Almost 6000 Sq. Ft. of rustic charm, including massive master suite, multiple living areas, designated office, bonus room (currently used as a mother-in-law suite with separate entrance to garage), and grand fireplace in sunken great room to name some of the many extras. The home boasts impeccable attention to detail and high-quality construction, finishes, and materials. With exposed rough sawn rafters and antiqued metal vaulted ceilings, hand-built rusted iron railways on upper walkway overlooking great room and front entrance. The kitchen includes Viking built-in appliances (Refrigerator, 36” gas oven/range, electric convection wall oven/microwave, dishwasher, and warming drawer) quarter sawn cabinetry, backlighting, and glass inlayed cabinet doors. This home sits off of the road with extensive, mature landscaping creating privacy for the multiple outdoor living areas, and only a short drive to the Montrose Regional Airport. Property currently has most of the 20 acres on the top pasture with hay/alfalfa production and has more ground to the south available for planting. On the SE corner of the property there is a year-round spring-fed stream and natural habitat for livestock and wildlife. At entrance to driveway at NW corner of property there is gravel parking and RV hookups (Electric, Water, Septic that has been used in the past). *This property is conserved by the Black Canyon Regional Land Trust. This trust conserves the land into agricultural production, prevents development opposed to agricultural use, and conserves and protects the property’s open space, wildlife habitat, and scenic value. The trust includes 2 separate ADA sites, one with residence (3 acres) and one by driveway entrance currently used as hook up for a mobile home or RV (2 acres).
Last Agent to Sell the Property
Norris-Phillips Real Estate, LLC Listed on: 03/02/2019
Co-Listed By
Isaac Snell
Norris-Snell Real Estate, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,718
Year Built
- Built in 2006
Lot Details
- 40 Acre Lot
- Partially Fenced Property
- Barbed Wire
- Landscaped
- Sprinkler System
Property Views
- Creek or Stream
- Mountain
- Valley
Home Design
- Architectural Shingle Roof
- Cedar Siding
- Stone Siding
- Stick Built Home
Interior Spaces
- 5,758 Sq Ft Home
- 2-Story Property
- Wet Bar
- Partially Furnished
- Sound System
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Stove
- Free Standing Fireplace
- Self Contained Fireplace Unit Or Insert
- Fireplace With Glass Doors
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Vinyl Clad Windows
- Window Treatments
- Wood Frame Window
- Mud Room
- Great Room
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Den with Fireplace
- 1 Home Office
- Game Room
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Bedroom
- Walk-In Closet
Parking
- 2 Car Attached Garage
- Garage Door Opener
- RV or Boat Parking
Outdoor Features
- Deck
- Covered Patio or Porch
- Shed
Schools
- Olathe K-5 Elementary School
- Olathe 6-8 Middle School
- Olathe 9-12 High School
Farming
- 20 Irrigated Acres
- Cattle
- Hogs
- Sheep or Goats
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Heating System Powered By Leased Propane
- Irrigation Water Rights
- Propane Water Heater
- Engineered Septic
- Septic Tank
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 372524100002
Similar Homes in Olathe, CO
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2021 03/22/21 | Sold | $115,000 | -43.9% | $20 / Sq Ft |
| 02/28/2021 02/28/21 | Pending | -- | -- | -- |
| 12/10/2020 12/10/20 | Sold | $205,000 | +64.0% | $36 / Sq Ft |
| 10/30/2020 10/30/20 | Pending | -- | -- | -- |
| 10/14/2020 10/14/20 | For Sale | $125,000 | -44.4% | $22 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 03/25/2020 03/25/20 | For Sale | $224,900 | +79.9% | $39 / Sq Ft |
| 03/12/2020 03/12/20 | Price Changed | $125,000 | -3.8% | $22 / Sq Ft |
| 11/05/2019 11/05/19 | For Sale | $130,000 | -84.4% | $23 / Sq Ft |
| 07/17/2019 07/17/19 | Sold | $835,000 | -6.1% | $145 / Sq Ft |
| 06/24/2019 06/24/19 | Pending | -- | -- | -- |
| 06/03/2019 06/03/19 | Price Changed | $889,000 | -1.1% | $154 / Sq Ft |
| 03/02/2019 03/02/19 | For Sale | $899,000 | +32.4% | $156 / Sq Ft |
| 09/29/2017 09/29/17 | Sold | $679,000 | -14.6% | $118 / Sq Ft |
| 09/05/2017 09/05/17 | Pending | -- | -- | -- |
| 05/12/2017 05/12/17 | Price Changed | $795,000 | -11.2% | $138 / Sq Ft |
| 03/30/2016 03/30/16 | For Sale | $895,000 | +223.6% | $155 / Sq Ft |
| 05/23/2012 05/23/12 | Sold | $276,600 | -4.5% | $96 / Sq Ft |
| 05/07/2012 05/07/12 | Pending | -- | -- | -- |
| 05/01/2012 05/01/12 | For Sale | $289,500 | -- | $101 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
L
Seller's Agent in 2021
Laverle Wilson
Keller Williams Colorado West Realty
-
P
Buyer's Agent in 2021
Peter Baldwin
Coldwell Banker Distinctive Properties
-
Seller's Agent in 2020
Mandy Norris-Snell
Norris-Phillips Real Estate, LLC
(970) 209-6326
178 Total Sales
-
Buyer's Agent in 2020
Kerri Noonan-Inda
NextHome Virtual
(970) 275-1378
228 Total Sales
-
I
Seller Co-Listing Agent in 2019
Isaac Snell
Norris-Snell Real Estate, LLC
-
Buyer's Agent in 2019
Mark Covington
RE/MAX
(970) 209-1956
240 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 754511
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