$1,100,000
$900K PRICE DROP

60092 Falcon Rd Olathe, CO 81425

Estimated payment $6,185/month

Total Views 8,339
53 Acres
$20,833 Price per Acre
2,299,968 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Crops Farm
  • 52.8 Acre Lot
  • Pasture
  • 53 Irrigated Acres

About This Lot

In the heart of the beautiful farming and ranching valley of Montrose, Colorado lies an incredible land investment opportunity comprised of +/-53 irrigated acres of the family owned Chaparral Ranch. Just 10 minutes from downtown Montrose, this Western Slope paradise community offers a very mild elevation of +/- 5000 ft. and where +/-21,000 people call home. Hours away from the ‘LA moved East’ migration to Denver and the Front Range of Colorado, this Western Slope paradise is known as “Old Colorado” with an outstanding small town family atmosphere, known for its mild four season climate, some of the best produce in the country, great restaurants, excellent hospitals, regional commercial airport, just minutes to millions of acres of  National Forest and the recreation it offers, and 66 miles to Telluride’s skiing & shopping! Just the place where millions of people who are exiting big city taxes and crime are seeking a Norman Rockwell small town way of life!  This unique piece of production farmland has been in the same family for decades and you’re not buying it from a land flipper or developer, but the same family that has farmed it for a generation or more. Included are 44 shares of water rights from the Eckerly Ditch, currently producing +/-1700 bales of organic hay (2 cuttings per year)  Will Rogers always said “Find where the people are going and get there first!” With a stand of cottonwoods framing one side and just minutes from downtown and the airport, the Chaparral Ranch carries a very low agricultural tax rating, being an ideal avenue for an income producing land investment, residential farm, a potential future development location for RV, residential or tiny housing, glamping or simply as an investment for the future value, while still affordable! Call or email today for more information and your qualified showing!

Listing Agent

Mark Bukowski

Hayden Outdoors LLC Listed on: 06/09/2024

Co-Listing Agent

Greg Liddle

Hayden Outdoors LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $683

Lot Details

  • 52.8 Acre Lot
  • Level Lot
  • Property is zoned Agriculture, Commercial, Residential Multi Family

Property Views

  • Mountain
  • Valley

Farming

  • Crops Farm
  • 53 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Irrigation Water Rights
  • Septic System
  • Phone Available

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 372323203002

Property Details

Property Type

Land

Est. Annual Taxes

$683

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 5500
  • Legal Lot Block: Parcel 3723-232-03-002 +/- 52.825 deeded acres
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Size Acreage: 51-99 Acres
  • Parcel Id Number: 372323203002
  • Street Descriptionaccess: State Highway, City/Town, Paved
  • Street Designation: Road
  • Tax Account Id: R0023913
  • Zoning: Agriculture, Commercial, Residential Multi Family, Residential Single Family
  • Domestic Sewer: Septic
  • Domestic Water: Tap Paid, Public, Tap Installed
  • Type: Agricultural
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 52.8
  • Estimated Total Acres: 52.8
  • Current Property Use: Ag/Row Crops, Hay Pasture/Prod., Irrigated Farmland, Pasture(irrigated)
  • Em Deposit: 50000
  • Possible Property Use: Commercial, Industrial, Residential Single Family, Ag/Row Crops, Aglivestock, Cattle, Dairy, Feed Lot, Grazing(no Irrigation), Hay Pasture/Prod., Hogs, Horses, Irrigated Farmland, Pasture (irrigated), Poultry
  • Water Rights Irrigation: Yes
  • Income Producing: Yes
  • Irrigation Systemrights: Owned, Open Ditch, Gated Pipe
  • Irr Water Descamnt: 44 shares
  • Mineral Rights: Unknown
  • Price Acre: 20833.33
  • Topography: Level
  • Modularmobile Allow: Both
  • Price per Sq Ft: 0.48
  • Sewerseptic In: Yes
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 683
  • Prop Description Remarks: In the heart of the beautiful farming and ranching valley of Montrose, Colorado lies an incredible land investment opportunity comprised of +/-53 irrigated acres of the family owned Chaparral Ranch. Just 10 minutes from downtown Montrose, this Western Slope paradise community offers a very mild elevation of +/- 5000 ft. and where +/-21,000 people call home. Hours away from the ‘LA moved East’ migration to Denver and the Front Range of Colorado, this Western Slope paradise is known as “Old Colorado” with an outstanding small town family atmosphere, known for its mild four season climate, some of the best produce in the country, great restaurants, excellent hospitals, regional commercial airport, just minutes to millions of acres of  National Forest and the recreation it offers, and 66 miles to Telluride’s skiing & shopping! Just the place where millions of people who are exiting big city taxes and crime are seeking a Norman Rockwell small town way of life!  This unique piece of production farmland has been in the same family for decades and you’re not buying it from a land flipper or developer, but the same family that has farmed it for a generation or more. Included are 44 shares of water rights from the Eckerly Ditch, currently producing +/-1700 bales of organic hay (2 cuttings per year)  Will Rogers always said “Find where the people are going and get there first!” With a stand of cottonwoods framing one side and just minutes from downtown and the airport, the Chaparral Ranch carries a very low agricultural tax rating, being an ideal avenue for an income producing land investment, residential farm, a potential future development location for RV, residential or tiny housing, glamping or simply as an investment for the future value, while still affordable! Call or email today for more information and your qualified showing!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Phone Near, Natural Gas
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: Eckerly Ditch
  • Water Supplier: Menoken Water Company

Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Open Enrollment
  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

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 $708 $10,110 $9,960 $150
2023 $683 $14,000 $13,550 $450
2022 $672 $10,670 $10,350 $320
2021 $729 $11,520 $11,190 $330
2020 $578 $9,320 $9,000 $320
2019 $581 $9,320 $9,000 $320
2018 $3 $50 $0 $50
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $1,100,000 -35.3% --
08/27/2024 08/27/24 Price Changed $1,700,000 -15.0% --
06/09/2024 06/09/24 For Sale $2,000,000 -- --
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $309,000 United Title Company
Warranty Deed $181,250 United Title Company
Warranty Deed $181,250 United Title Company
Warranty Deed $181,250 United Title Company
Warranty Deed $181,250 United Title Company
Source: Public Records

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Colorado Real Estate Network (CREN)

APN: R0023913