1 Banner Rd

Olathe, CO 81425

$230,000
Last Sold Price
348,480 / 8
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Sold 3/22/23
Sold 3/22/23
Mountain views to the South
Seasonal canal water.
Views of Grand Mesa to the North
Past crop
Lots are outlined looking to the North
Lot 1 and 2 looking toward Grand Mesa, Colorado

Description

This is a fantastic opportunity to own a pristine parcel just waiting for your dreams to be built on. Eight acres with 7.9 sharesof UVWUA irrigation water, offering a picturesque variety of Mountain views are at every turn. To the South you will see thegrandeur of the San Juan Mountain Range, to the West, The Uncompahgre Plateau. Look North to the amazing and colorfulGrand Mesa, the East shows off the beautiful West Elks, and the South East the fascinating Cimmaron range. Create abeautiful building...This is a fantastic opportunity to own a pristine parcel just waiting for your dreams to be built on. Eight acres with 7.9 sharesof UVWUA irrigation water, offering a picturesque variety of Mountain views are at every turn. To the South you will see thegrandeur of the San Juan Mountain Range, to the West, The Uncompahgre Plateau. Look North to the amazing and colorfulGrand Mesa, the East shows off the beautiful West Elks, and the South East the fascinating Cimmaron range. Create abeautiful building site, equestrian property, or hobby farm. This parcel and lot 2 have successfully been farmed raising, corn,sunflowers, and hay. The location is convenient, to Delta, Olathe, and Montrose. Montrose has an expanding andconvenient regional airport, with daily flights to major hubs. Medical facilities are located both in Delta, and Montrose and ashort drive to a larger city of Grand Junction. The simple "covenants" literally are for an irrigation schedule, and statethat no manufactured homes are allowed. True modulars (IRC built), system built, barndominiums (shop with living space),and stick built are welcomed.
  1. Listed by Leslie Gore • The Real Estate Store
    P: (970)-275-3195 C: (970)-275-3195 Lesliegorerealtor@gmail.com

Property Details for 1 Banner Road

Locale
Montrose
LISTING CLOSED: 03/22/2023 12:00 AM

Property Details for 1 Banner Road

StatusSold
MLS #981758
Days on Market43
Taxes$127 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size8.00 AC
CountyMontrose County
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Location

Listing Courtesy of The Real Estate Store, Leslie Gore

Sold By The Real Estate Store, Leslie Gore

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Building Information for 1 Banner Road

Lot Size8.00 AC

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$1,180 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$11

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1 Banner Road

Summary
Location and General Information
  • Road Access 2: County Maintained
  • Latitude: 38.65
  • Longitude: -108.07
  • Nearest Town: Olathe,
  • Miles To Nearest Town: 7
Taxes and HOA Information
  • Has HOA: No
  • HOA Fee: $.00
  • Legal Description: SUBD: MASKUS MINOR SUBD Lot 1 S: 35 T: 51 R: 11
  • Tax Information: No
  • HOA2 Fee Amount: $0
  • Tax Year: 2022
  • HOA Transfer Fee: No
  • HOA 2 Transfer Fee: No
  • Has Association Fee: No
  • Has Association 2 Fee: No
  • Has Association Reserve: No
  • Has Association 2 Reserve: No
  • Tax Annual Amount: $127
  • Parcel Number: R0006538
Property
Lot Information
  • Lot Improvements: Rural, Paved, Water Rights Included
  • Horse Property: Pasture
  • Lot Size Area: 348,480.00
  • Has Irrigation Water Rights: Yes
  • Has Improvements: No
Property and Assessments
  • Are Ditches Active: Yes
Utilities
  • Electric: DMEA
  • Sewer: Septic Tank
  • Water Rights Included: UVWUA project irrigation water, irrigation is an underground pipe from canal to irrigation concrete ditch. Siphon tubes are used to irrigate the rows. Canal water is seasonal
Multi Family
Multi-Family Information
  • Total Units: 1 Unit Allowed
Rental
Rental Information
  • Horse YN: No

Schools near 1 Banner Road

This home is within Montrose County Re-1j School District.
Rating
School
Type
Grades
Distance
Olathe Elementary School
Public - PK to 5
Olathe High School
Public - 6 to 12
Olathe Middle School
Public - 6 to 8
Peak Virtual Academy
Public - K to 12
Rating
School
Distance
Olathe Elementary School
PublicPK to 5

Olathe High School
Public6 to 12

Olathe Middle School
Public6 to 8

Peak Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
54568 Banner Road, Olathe, CO 81425
$230,000
3
2
2,669
8
54470 Banner Road, Olathe, CO 81425
$650,000
3
1,430
36
2 Banner Road, Olathe, CO 81425
$205,000
–
–
–
8
54654 Banner Road, Olathe, CO 81425
$330,000
–
–
–
16
54496 Banner Road, Olathe, CO 81425
–
4
2
1,447
39.2

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Real Estate Store, Leslie Gore

Based on information submitted to the MLS GRID as of 10/20/2025 07:42 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.