NOT LISTED FOR SALE

59023 U S 50 Olathe, CO 81425

Estimated Value: $926,000 - $1,048,178

4 Beds
3 Baths
2,592 Sq Ft
$373/Sq Ft Est. Value

About This Home

This stunning 51.42-acre equestrian property is a turn-key haven for horse lovers, trainers, or anyone seeking a private rural lifestyle. Fully fenced and cross-fenced, it is set back from the highway for privacy. The land is thoughtfully developed for both equine care and agricultural productivity, with substantial riding trails. At the heart of the ranch is a 5,000-square-foot insulated barn with a tack room and half bath, and two stalls. It is surrounded by pipe corrals with automatic waterers, a working roping chute, and a three-speed electric horse walker. There are 5 frost free water taps strategically located for convenience. Additional outbuildings include an 1,800-square-foot pole barn with insulated storeroom, a large hay barn, a bunkhouse apartment, workshop, and a carport with an attached chicken coop. The property includes 43.2 shares of UVWUA water, underground irrigation, and gated pipe—allowing you to raise your own feed and support hay and crop production. With correct watering and fertilizer, the property can yield 4,000 65lb grass hay bales annually. Four double automatic water troughs provide abundant water for livestock across the estate. The lodge-style home, custom built by owner/builder offers three bedrooms and two bathrooms, with log and wood accents, a tongue-and-groove aspen ceiling, and an open layout that centers around a gourmet kitchen. The primary suite includes a walk-in closet and a tub-shower combo, while the guest rooms share a convenient Jack-and-Jill bath with double sinks. Large bay windows, both north and south, along with other large windows offer stunning views of the surrounding pastures and mountains. A fully stocked, year-round pond with bass, catfish, crappie, and trout adds to the property’s charm. The island in the middle is home to a canadian goose couple who have raised their little family there for many years. With excellent infrastructure, abundant water, and room to raise your own feed, this exceptional estate offers everything needed for a working ranch, training facility, or peaceful equestrian retreat in the heart of Colorado mountains.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2013
Sold by
Powell Don L and Powell Gloria K
Bought by
D Bar G Family Trust
Current Estimated Value
$966,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,976
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2013
Sold by
D Ber G Family Trust
Bought by
Powell Don L and Powell Gloria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,976
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Powell Don L and Powell Gloria K
Bought by
D Bar G Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
D Bar G Family Trust -- Land Title Guarantee Company
Powell Don L -- None Available
D Bar G Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D-Bar-G Family Trust $100,000
Closed Powell Don L $50,000
Previous Owner Powell Don L $384,976
Previous Owner Powell Don L $329,485
Previous Owner Powell Don L $300,000
Previous Owner Powell Don L $373,938
Previous Owner Powell Gloria C $80,000
Previous Owner Powell Don L $123,835
Previous Owner Powell Don L $122,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $1,285,000 -4.8% $496 / Sq Ft
03/05/2025 03/05/25 For Sale $1,350,000 -- $521 / Sq Ft

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 $3,344 $54,420 $6,570 $47,850
2023 $3,344 $59,170 $6,570 $52,600
2022 $2,406 $45,170 $6,110 $39,060
2021 $2,589 $48,090 $6,710 $41,380
2020 $2,285 $44,030 $5,040 $38,990
2019 $2,301 $44,030 $5,040 $38,990
2018 $2,381 $44,340 $7,320 $37,020
2017 $2,376 $44,340 $7,320 $37,020
2016 $1,867 $37,680 $7,510 $30,170
2015 $2,182 $37,680 $7,510 $30,170
2014 $1,843 $34,070 $6,370 $27,700
Source: Public Records

Agents Affiliated with this Home

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