Seller's Agent in 2025
Gary Hubbell, ALC
United Country Colorado Brokers, Inc.
(970) 872-3322
111 Total Sales
TBD Falcon Rd Olathe, CO 81425
278
Acres
$9,147
Price per Acre
12,109,680
Sq Ft Lot
Highlights
- Barn
- Waterfront
- Mountain View
- Horses Allowed On Property
- 278 Acre Lot
- Contemporary Architecture
About This Lot
As of March 2025The Garrett Estate Winery is a complete gentleman's ranch with income from several sources, including wine sales, hay production, and grazing. The 300-acre ranch is situated on the west end of Falcon Road, at the base of the Uncompahgre Plateau, bordering vast tracts of BLM lands in GMU 62. The ranch has an excellent set of improvements, including a nice large shop building/barn, and a state-of-the-art 7,475-square-foot winery building complete with grape presses, fermenting vats, chiller room, cold storage, bottling facility, and tasting room with event center. The Garrett Estates Cellars label has won many awards for its varieties. All told, the winery is capable of producing 7,000 cases of wine a year. Current production is about 3,000 cases a year, with 27 acres in mature and very productive drip-irrigated grapevines of Riesling, Pinot Gris, Pinot Noir, Chardonnay, Gewurtztraminer, Merlot, and Cabernet Sauvignon. The ranch has a total of about 140 irrigated acres in grapes and in alfalfa and grass-alfalfa hay with 144 shares of Uncompahgre water. The CQ Canal winds along the west edge of the property for a nice water feature, and this habitat of hayfields, cottonwood groves, and creekbottoms is highly favored by mule deer. Several trophy Pope & Young bucks scoring up to 220 have been taken on nearby properties, and the owner has consistently taken nice mule deer bucks and cow elk on the property. The property has several access points to BLM lands, and it's a great place to ride horses, ATV's, and dirt bikes, as well as hunt, shoot, and recreate. The property is available in other configurations the winery on 13 acres, a 17-acre plot of development land, and 247 acres of hay ground and creek bottoms. This is a gorgeous property in immaculate condition with very good improvements--a real buy in today's market. There is no conservation easement on the property and it is in a nice climate zone at 5,600 feet. Not too hot in the summers and nice and mild in the winters!
Last Agent to Sell the Property
United Country Colorado Brokers, Inc. Listed on: 08/27/2018
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,168
Lot Details
- 278 Acre Lot
- Waterfront
- Open Space
- Corners Of The Lot Have Been Marked
- Orchard
- May Be Possible The Lot Can Be Split Into 2+ Parcels
- Property is zoned Agriculture, Commercial
Parking
- 8 Car Detached Garage
Property Views
- Mountain
- Valley
Home Design
- Contemporary Architecture
- Ranch Property
- Metal Roof
- Cedar Siding
Interior Spaces
- 1.5-Story Property
- Walk-Out Basement
Location
- Property is near a golf course
Schools
- Olathe K-5 Elementary School
- Olathe 6-8 Middle School
- Olathe 9-12 High School
Farming
- Barn
- Crops Farm
- 140 Irrigated Acres
- Hay
- Packing Shed
- Pasture
- Cattle
- Livestock
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
Utilities
- Heating System Powered By Owned Propane
- Heating System Uses Propane
- Irrigation Water Rights
- Engineered Septic
- Septic System
- Internet Available
- Phone Available
Listing and Financial Details
- Security Deposit $80,000
- Assessor Parcel Number 372522200006
Community Details
Overview
- Stream Seasonal
- Foothills
- Property is near a preserve or public land
Recreation
- Shed
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $270,000 | -66.2% | -- |
| 05/28/2025 05/28/25 | Price Changed | $799,000 | +299.5% | -- |
| 03/28/2025 03/28/25 | Sold | $200,000 | -33.3% | -- |
| 03/25/2025 03/25/25 | For Sale | $300,000 | -63.6% | -- |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $825,000 | +175.0% | -- |
| 02/05/2025 02/05/25 | For Sale | $300,000 | +9.1% | -- |
| 02/04/2025 02/04/25 | For Sale | $275,000 | -69.4% | -- |
| 08/29/2024 08/29/24 | For Sale | $899,000 | +33.8% | -- |
| 09/09/2020 09/09/20 | Sold | $672,000 | -1.0% | -- |
| 07/18/2020 07/18/20 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | For Sale | $678,960 | -73.3% | -- |
| 06/12/2019 06/12/19 | Sold | $2,543,000 | 0.0% | -- |
| 05/27/2019 05/27/19 | Pending | -- | -- | -- |
| 05/27/2019 05/27/19 | Price Changed | $2,543,000 | -16.4% | -- |
| 05/06/2019 05/06/19 | For Sale | $3,043,000 | 0.0% | -- |
| 02/06/2019 02/06/19 | Pending | -- | -- | -- |
| 12/09/2018 12/09/18 | Price Changed | $3,043,000 | -4.7% | -- |
| 11/28/2018 11/28/18 | Price Changed | $3,192,000 | -1.5% | -- |
| 08/27/2018 08/27/18 | For Sale | $3,242,000 | -- | -- |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Gary Hubbell, ALC
-
Jake Hubbell
Seller Co-Listing Agent in 2025
Jake Hubbell
United Country Colorado Brokers, Inc.
(970) 250-9396
66 Total Sales
-
J
Seller's Agent in 2020
Jeff Clemens
Jeffrey W. Clemens, IB
-
Robert Gash
Seller Co-Listing Agent in 2019
Robert Gash
Western Land & Lifestyle Properties
(970) 986-2955
59 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 749841
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