16431 Highway 149

Powderhorn, CO 81243

$1,349,000
Price
3
Beds
1,680 Sq. Ft.
$803 / Sq. Ft.
1,680
Sq. Ft.
$803
per Sq. Ft.
a front view of a house with a yard
a view of a house with a yard
a view of a roof deck with table and chairs a barbeque with wooden floor and city view
a house with trees in the background
a view of a back yard of the house
a view of outdoor space and barbecue grill
a view of a yard with wooden fence
front view of a house with a yard
view of a lake with a mountain
a view of a lake with a mountain
a view of a ocean
a view of an ocean view
a view of a yard with a tree
a view of an ocean beach
a view of a big house with a big yard
a view of a house with a yard and mountain view
a living room with furniture and a fireplace
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances a refrigerator and a wooden floor
a living room with furniture and a wooden floor
a bedroom with a bed and a dresser
a bed sitting in a spacious bedroom next to a window
a view of hallway with walk in closet and bedroom
a view of a house with a yard

Description

The Little Grey House in the West is a historic ranch estate set on approximately 88 acres in Powderhorn, Colorado. Originally built in 1919, the main home was masterfully restored in 2006 by Paul Campbell with a thoughtful blend of Old West charm and modern comfort. The 1,244 sq. ft. log home features 3 bedrooms and 1 bathroom, with rare, clear Douglas Fir tongue-and-groove flooring on the main level and original Douglas Fir planking upstairs. The original interior doors and hardware have been preserved,...The Little Grey House in the West is a historic ranch estate set on approximately 88 acres in Powderhorn, Colorado. Originally built in 1919, the main home was masterfully restored in 2006 by Paul Campbell with a thoughtful blend of Old West charm and modern comfort. The 1,244 sq. ft. log home features 3 bedrooms and 1 bathroom, with rare, clear Douglas Fir tongue-and-groove flooring on the main level and original Douglas Fir planking upstairs. The original interior doors and hardware have been preserved, and the home includes a custom rock fireplace with a Quadra-Fire insert, double ovens, a 5-burner cooktop, new electric and plumbing systems, a new septic system, a new foundation, and off-peak furnace with 3,400 lbs of firebrick thermal storage. The home benefits from 400-amp off-peak electric service, Hunter Douglas triple honeycomb window coverings, Eagle windows with Larson Gold Series storm windows, Low-E glass, and solid cedar window bucks and jambs. Additional features include a paved driveway, under-counter lighting, a productive solar greenhouse, and abundant natural light thanks to its south-facing orientation. A fully renovated 1-bedroom, 1-bath guest cabin or bunk house offers additional living space, complete with a full kitchen, new electric, plumbing, foundation, windows, storm windows, Hunter Douglas blinds, electric baseboard heat, cedar-wrapped beams, 100-amp electric service, phone and cable wiring, tile and carpeted floors, and a lifetime high-efficiency 60-gallon Marathon water heater. The property is approved to host up to 26 people per night as a guest ranch and offers excellent infrastructure for residential, recreational, or commercial use. Water rights include a 30 GPM commercial well with 30 acre-feet of water, a year-round spring producing 15 GPM (33.3 CFS), and a 15 GPM domestic well with a permit. The ranch also features a high-quality constant-pressure well pump and a 105-gallon lifetime high-efficiency Marathon water heater. Land improvements include a large log barn, a log two-car garage with R-18 insulated doors and automatic openers, multiple historic log outbuildings, a seasonal pond (liner needed), multiple pond sites, a productive hay meadow, and heavy timber. The property is fenced along approximately two miles of perimeter and includes granted access to and fencing around an additional 50± acres of BLM land. A rough, undeveloped landing strip adds aviation potential. Located in the heart of Colorado’s outdoor recreation paradise, this property offers proximity to fishing on Cebolla Creek, Lake Fork of the Gunnison, and Blue Mesa Reservoir, as well as big game hunting for elk, mule deer, bear, and moose. This is a rare opportunity to own a legacy property where history, privacy, and potential meet.
  1. Listed by Jerad Cotten • M4 Ranch Group, LLC
  2. Listed by Payton Craft • M4 Ranch Group, LLC

Property Details for 16431 Highway 149

Water Front
No
Zoning
Residential Single Family
Subdv Name
None
LISTING UPDATED: 08/21/2025 12:55 PM

Property Details for 16431 Highway 149

StatusActive
MLS #826426
Days on Market191
Taxes$1,101 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built1919
Lot Size88.14 AC / 3,839,378 SF
CountyGunnison County

Location

Listing Courtesy of M4 Ranch Group, LLC, Jerad Cotten; M4 Ranch Group, LLC, Payton Craft
Add your commute

Building Information for 16431 Highway 149

Stories-Year Built1919Building Size-Lot Size88.14 AC / 3,839,378 SF

Payment Calculator

$6,667 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,575

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16431 Highway 149

Summary
Location and General Information
  • Year Remodeled: 2006
  • Directions: Call Listing Broker or Listing Office
  • Access: Year Round
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Type: Detached Garage
  • Garage Capacity: 2
  • Garage Y/N: Yes
School Information
  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Open Enrollment
Taxes and HOA Information
  • Tax Account ID: R072434, R072435
  • HOA Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 1101.16
Property
Property and Assessments
  • FIPS Code: 08051
  • Legal/Lot Block: 22.98 Acres In Section 31, Township 47 N, Range 3 W (Aka Part Of Parcel A) 65.16 Acres In Section 31, Township 47 N, Range 3 W (Aka Part Of Parcel A)
  • Foreign Owned Y/N: No
  • Photo Count: 24
  • New Construction Y/N: No
  • Disclosures: Lead Base Paint
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Residential, Agriculture, Mountain Recreation
  • Well Permit #: 53879-f, 283236-
  • Parcel ID #: 4.051000001E11
  • Elevation: 7900
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Hughes Net
  • Addit Living Quarters: Yes
  • Water Well: Yes
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Bathrooms: 1.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Partially Furnished
  • Addit Living Type: Cabin
  • Interior Inclusion: Wood Stove
Exterior Features
  • Residence Style: Cabin
  • Construction Type: Log
  • Exterior Structures: Barn

Property History for 16431 Highway 149

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Listed (Active)

CRENMLS #826426

$1,349,000—
Aug 21, 2024

Cancelled

CRENMLS #815901

—
Aug 21, 2024

Cancelled

CRENMLS #815857

—
Jul 11, 2024

Listed (Active)

CRENMLS #815901

$1,495,000—
Jul 10, 2024

Listed (Active)

CRENMLS #815857

$1,495,000—
May 23, 2017

Expired

CRENMLS #717819

—
Apr 26, 2016

Listed (Active)

CRENMLS #717819

$699,000—
Apr 14, 2016

Expired

CRENMLS #705214

—
Feb 10, 2016

Cancelled

CRENMLS #3361

—
Feb 8, 2016

Cancelled

CRENMLS #13374

—
Apr 28, 2015

Listed (Active)

CRENMLS #13374

$749,000—
Apr 28, 2015

Listed (Active)

CRENMLS #705214

$749,000—
Aug 3, 2010

Listed (Active)

CRENMLS #3361

$995,000—
DateEvent & SourcePrice
07/10/2025

Listed (Active)

CRENMLS #826426

$1,349,000
08/21/2024

Cancelled

CRENMLS #815901

—
08/21/2024

Cancelled

CRENMLS #815857

—
07/11/2024

Listed (Active)

CRENMLS #815901

$1,495,000
07/10/2024

Listed (Active)

CRENMLS #815857

$1,495,000
05/23/2017

Expired

CRENMLS #717819

—
04/26/2016

Listed (Active)

CRENMLS #717819

$699,000
04/14/2016

Expired

CRENMLS #705214

—
02/10/2016

Cancelled

CRENMLS #3361

—
02/08/2016

Cancelled

CRENMLS #13374

—
04/28/2015

Listed (Active)

CRENMLS #13374

$749,000
04/28/2015

Listed (Active)

CRENMLS #705214

$749,000
08/03/2010

Listed (Active)

CRENMLS #3361

$995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16431 Highway 149

Taxable ValueLand$1,250Additions-Total$1,250
Home Facts
Lot Size2,841,854 SqFtStyleAgricultural / RuralCountyGUNNISONAPN405100000086 01

Schools near 16431 Highway 149

This home is within Gunnison Watershed Re1j School District.
Rating
School
Type
Grades
Distance
Gunnison Elementary School
Public - PK to 5
Marble Charter School
Charter - K to 10
Gunnison Middle School
Public - 6 to 8
Crested Butte Community School
Public - 6 to 12
Rating
School
Distance
Gunnison Elementary School
PublicPK to 5

Marble Charter School
CharterK to 10

Gunnison Middle School
Public6 to 8

Crested Butte Community School
Public6 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.

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More information about 16431 Highway 149, Powderhorn, CO 81243

16431 Highway 149 is a single family home for sale in Powderhorn, CO 81243. This property was listed for sale on July 11, 2025 by M4 Ranch Group, LLC, it's currently listed at $1,349,000. This listing's school district is Gunnison Watershed Re1j School District. Nearby schools include Gunnison Elementary School, Marble Charter School and Gunnison Middle School. 16431 Highway 149 is a 3-bed, 1-bath, 1,680 sqft single family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of M4 Ranch Group, LLC, Jerad Cotten; M4 Ranch Group, LLC, Payton Craft

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 07/10/2025 06:00 PM through 01/18/2026 08:25 AM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/21/2025 12:55 PM