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3998 5500 Road

Olathe, CO 81425
  • $1,250,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 833780
UPDATED: 30 min ago
$1,250,000
  • 3
    BEDS
  • 36.01
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,463
    SQFT
  • $854
    $/SQFT
Neighborhood:
Type:
Farm
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of RE/MAX Alpine View: 970-249-6658.


Description

Set on 36 highly productive acres, this property offers a rare combination of water, infrastructure, and peaceful country living in the unbeatable Western Colorado setting. With 27 shares of UVWUA irrigation water, a large pond, and an advanced irrigation system featuring buried pressurized pipe and a comprehensive drip network with filtration delivered through the convenience of a dedicated pump house, the groundwork is in place for continued agricultural success across a wide variety of crops and ventures. Adding to the income potential, four large grain bins are currently leased to Producer’s Co-op, generating $4,500 annually in passive income. The improvements on the property provide outstanding flexibility for agricultural, residential, or a mixed use arrangement. The sprawling ±15,000 sq ft shop offers mostly clear-span space, multiple large access doors, and is partially equipped with plumbing for a ½ bath and 4–5 zones of in-floor heat (boiler needed). The shop also features a built-out office area with overhead mezzanine storage (~60'x25'), plus an additional expansive mezzanine (~75'x16') along the west wall. This building is ideal for equipment storage, operations, or future build-out. Whether you're running a business, storing toys, or envisioning a custom barndominium, this space is ready to adapt to your needs. Complementing the shop is an approximately 6,000 sq ft greenhouse, opening the door for year-round growing or specialty agricultural ventures. The original farmhouse, fully remodeled in 2007, is a well-maintained 3-bedroom, 1-bath home perched in a peaceful setting along the escarpment. Enjoy sweeping panoramic views of the West Elks, Buckhorn, Cimarrons, Grand Mesa, and surrounding farmland its truly an inspiring backdrop filled with abundant wildlife and natural beauty. With its combination of strong water rights, proven productivity, diverse improvements, income potential, and unbeatable views, this property presents a unique opportunity at an exceptional value rarely seen. Schedule your private showing today and explore the possibilities.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-05-17T06:56:29.023.
www.destinationdro.com/homes/175583943
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3998 5500 Road Olathe, CO 81425

  • Price: $1,250,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 30 min ago
  • MLS #: 833780
3
Beds
1
Baths
0
½ Baths
36.01
Acres
1,463
SQFT
$854
$/SQFT
1920
Built
Neighborhood:
Other
County:
Montrose
Area:
Olathe
Elementary School:
Olathe K-5
Middle School:
Olathe 6-8
High School:
Olathe 9-12
Property Description
Set on 36 highly productive acres, this property offers a rare combination of water, infrastructure, and peaceful country living in the unbeatable Western Colorado setting. With 27 shares of UVWUA irrigation water, a large pond, and an advanced irrigation system featuring buried pressurized pipe and a comprehensive drip network with filtration delivered through the convenience of a dedicated pump house, the groundwork is in place for continued agricultural success across a wide variety of crops and ventures. Adding to the income potential, four large grain bins are currently leased to Producer’s Co-op, generating $4,500 annually in passive income. The improvements on the property provide outstanding flexibility for agricultural, residential, or a mixed use arrangement. The sprawling ±15,000 sq ft shop offers mostly clear-span space, multiple large access doors, and is partially equipped with plumbing for a ½ bath and 4–5 zones of in-floor heat (boiler needed). The shop also features a built-out office area with overhead mezzanine storage (~60'x25'), plus an additional expansive mezzanine (~75'x16') along the west wall. This building is ideal for equipment storage, operations, or future build-out. Whether you're running a business, storing toys, or envisioning a custom barndominium, this space is ready to adapt to your needs. Complementing the shop is an approximately 6,000 sq ft greenhouse, opening the door for year-round growing or specialty agricultural ventures. The original farmhouse, fully remodeled in 2007, is a well-maintained 3-bedroom, 1-bath home perched in a peaceful setting along the escarpment. Enjoy sweeping panoramic views of the West Elks, Buckhorn, Cimarrons, Grand Mesa, and surrounding farmland its truly an inspiring backdrop filled with abundant wildlife and natural beauty. With its combination of strong water rights, proven productivity, diverse improvements, income potential, and unbeatable views, this property presents a unique opportunity at an exceptional value rarely seen. Schedule your private showing today and explore the possibilities.
Exterior Features

Acreage Range 51-100 Acres Approx Irrig Acres 27 Barn Yes Carport No Corral No Fence Barbed WireFull Property Garage No Improvements Structures OtherBarnChicken CoopGreenhouseMetal BuildingWorkshop Irrigation System Rights Drip SystemPump Pasture Yes Property Attached No Sewer Septic Stories One Story Street Description CountyPaved Topography LevelSloped Views Lake/Pond/ReservoirMountainsStream/RiverValley Water Available Water Well No Waterfront Pond Waterfront YN No

Interior Features

Additional Living Quarters No Cooling Evaporative Cooler Fireplace Den/Family RoomPellet Heating Fuel Source PelletPropane Heating System Other One Quarter Baths 0 Total Office Dens 0 Water Heater Propane Water Heater

Property Features

Adjudicated Unknown Annual Irrig Cost 1350 Can Be Divided Unknown Covenants NO Current Use Ag/Row CropsOtherResidential Single FamilyIrrigated Farmland Green Certification No Hoa No Horse Setup No Income Producing Yes Irr Water Desc Amnt 27 Shares Irrigation Water District UVWUA Leased No New Construction YN No Possession Negotiable Possible Property Use Ag/LivestockAg/Row CropsCattleCommercialDairyFeed LotGrazingHay ProductionHogsHorsesHuntingIrrigated FarmlandOrchardPasturePoultryRecreationResidential Single FamilySheep RanchTree FarmVineyard Press System Yes Property Type AgricultureMulti-UseResidential/Single Family Reo Lender Owned No Tax Year 2025 Total Taxes 8094.56 Type With Residence Utilities ElectricityInternetPhonePropane-Tank LeasedPropane-Tank Owned Water Rights Yes Year Remodeled 2007 Zoning Agriculture

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-05-17T06:56:29.023.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of RE/MAX Alpine View: 970-249-6658.