Skip To Content

5328 Hwy 348

Olathe, CO 81425
  • $1,295,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 822689
UPDATED: 5 min ago
$1,295,000
  • 5
    BEDS
  • 12.28
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,424
    SQFT
  • $534
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Real Colorado Properties: 970-256-9700.


Description

Discover a gem property on 12.28 acres in Olathe, Colorado. This exceptional property serves as a primary residence and a captivating wedding/event venue, offering a tranquil yet elegant rustic setting with western charm. Thoughtfully curated features throughout the grounds enhance the experience, making every event memorable. The iconic Red Barn, originally built in 1910 and beautifully refurbished in 2018 is catering to weddings and various events. This versatile space offers endless possibilities, making it a perfect backdrop for celebrations. Complementing the barn, the property also includes a newly remodeled 1,448 sq. ft. modular home, ideal for Airbnb or VRBO accommodations. This home serves as a comfortable Brides room and provides weekend stays for wedding guests. The 1950s residence features a cozy fireplace, a master bedroom with an en-suite bath on the main level, an office area, two additional bedrooms upstairs, and a downstairs space that can serve as extra living quarters or a workshop or pantry. Enhancing its appeal, the property offers a designated building site on the southern edge, complete with an existing stock water tap, an RV site, and a recently upgraded irrigation system. This property has 12 shares of irrigation water with an advanced wheeline irrigation system designed to optimize water usage efficiently. The system draws water directly from a nearby canal through a newly installed pump, ensuring a consistent and reliable water supply for agricultural needs. The wheeline setup allows for easy maneuverability across the fields. With this innovative irrigation solution, the property is well-equipped to meet the demands of modern farming while conserving resources. unique property not only presents a stunning home but also serves as an income-generating opportunity. Dont miss your chance to explore this remarkable piece of Colorado paradise!

Monthly Payment Calculator

[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 2025. 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: 2025-04-17T11:56:25.807.
www.destinationdro.com/homes/162342116
Print Image

5328 Hwy 348 Olathe, CO 81425

  • Price: $1,295,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 5 min ago
  • MLS #: 822689
5
Beds
2
Baths
1
½ Baths
12.28
Acres
2,424
SQFT
$534
$/SQFT
1950
Built
Neighborhood:
None
County:
Montrose
Area:
Olathe
Elementary School:
Open Enrollment
Middle School:
Open Enrollment
High School:
Open Enrollment
Property Description
Discover a gem property on 12.28 acres in Olathe, Colorado. This exceptional property serves as a primary residence and a captivating wedding/event venue, offering a tranquil yet elegant rustic setting with western charm. Thoughtfully curated features throughout the grounds enhance the experience, making every event memorable. The iconic Red Barn, originally built in 1910 and beautifully refurbished in 2018 is catering to weddings and various events. This versatile space offers endless possibilities, making it a perfect backdrop for celebrations. Complementing the barn, the property also includes a newly remodeled 1,448 sq. ft. modular home, ideal for Airbnb or VRBO accommodations. This home serves as a comfortable Brides room and provides weekend stays for wedding guests. The 1950s residence features a cozy fireplace, a master bedroom with an en-suite bath on the main level, an office area, two additional bedrooms upstairs, and a downstairs space that can serve as extra living quarters or a workshop or pantry. Enhancing its appeal, the property offers a designated building site on the southern edge, complete with an existing stock water tap, an RV site, and a recently upgraded irrigation system. This property has 12 shares of irrigation water with an advanced wheeline irrigation system designed to optimize water usage efficiently. The system draws water directly from a nearby canal through a newly installed pump, ensuring a consistent and reliable water supply for agricultural needs. The wheeline setup allows for easy maneuverability across the fields. With this innovative irrigation solution, the property is well-equipped to meet the demands of modern farming while conserving resources. unique property not only presents a stunning home but also serves as an income-generating opportunity. Dont miss your chance to explore this remarkable piece of Colorado paradise!
Exterior Features

Acreage Range 10 - 19.99 Approx Irrig Acres 12 Carport No Construction Type Wood Frame Exterior Inclusions Irrigation PumpIrrigation Water Exterior Structures BarnGarageGuest HouseRV/Boat ShelterShedWoodshed Garage Yes Garage Type Detached Garage Property Attached No Sewer Source Septic System Siding Wood Stories Three Story Street Description State Highway Style Farm House Utilities ElectricInternetPhone - Cell Reception Views Mountains Water Source City Water Water Well No Waterfront YN No

Interior Features

Additional Living Quarters Yes Cooling Window A/C Unit(s) Fireplace Den/Family RoomFree StandingLiving Room Flooring Carpet-Partial Foundation Basement Basement-finished Heating Fuel Source PropaneWood Heating System FireplaceForced AirWood Stove Interior Inclusions Wood StoveCeiling Fan(s)Walk In Closet One Quarter Baths 0 Total Office Dens 0

Property Features

Current Use AgricultureCommercialHobby FarmLivestockMixed-UseResidential Green Certification No Hoa No Livestock Allowed CattleHorsesOtherPoultrySheepSwine New Construction YN No Possible Property Use AgricultureCommercialHobby FarmMixed-UseResidential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2024 Total Taxes 3383.96 Water Rights Yes Zoning Mixed-Use

[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 2025. 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: 2025-04-17T11:56:25.807.
 
https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_822689-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_822689-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_822689-2.jpg
Logo
Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Real Colorado Properties: 970-256-9700.