3998 5500th Rd

Olathe, CO 81425

$1,250,000
Price
1,568,595 / 36.01
Lot Size / Acres
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New
New

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...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.
  1. Listed by Aaron Tobler • RE/MAX Alpine View

Property Details for 3998 5500th Road

Water Front
No
Zoning
Agriculture
Views
Lake/Pond/Reservoir, Mountains, Stream/River, Valley
Waterfront
Pond
Views
Mountain, Mesa, Plateau
Subdv Name
Other
LISTING UPDATED: 04/20/2026 12:52 PM

Property Details for 3998 5500th Road

StatusNew
MLS #833780
Days on Market1
Taxes$8,095 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeFARMRANCH / With Residence
Year Built1920
Lot Size36.01 AC
CountyMontrose County
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Location

Listing Courtesy of RE/MAX Alpine View, Aaron Tobler

Building Information for 3998 5500th Road

Building Size-Lot Size36.01 AC

Payment Calculator

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$6,969 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,294

Property Taxes

$675

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3998 5500th Road

Summary
Location and General Information
  • Year Remodeled: 2007
  • Directions: From Olathe head West on Hwy 348 and follow until 5500 rd, turn right on 5500 Rd, follow 5500 Rd until driveway on right (directly across from Carnation Rd). Follow gravel driveway back (east) to the home and other structures for parking along escarpment.
Parking
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8
  • High School: Olathe 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2025
  • Total Taxes $: 8094.56
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: See Exhibit A in Associated Docs/Upper Section Only
  • Photo Count: 38
  • New Construction Y/N: No
  • Press System Y/N: Yes
  • Adjudicated Y/N: Unknown
  • Covenants Y/N: NO
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
  • Income Producing: Yes
  • Can Be Divided: Unknown
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: Yes
  • Lot Size/Acerage: 51-100 Acres
  • Current Property Use: Ag/Row Crops, Other, Residential Single Family, Irrigated Farmland
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Commercial, Dairy, Feed Lot, Grazing, Hay Production, Hogs, Horses, Hunting, Irrigated Farmland, Orchard, Pasture, Poultry, Recreation, Residential Single Family, Sheep Ranch, Tree Farm, Vineyard
  • Parcel ID #: 3.49336300011E11
  • SqFt Source: Assessor
  • Irrigation System /Rights: Drip System, Pump
  • Property Type: Agriculture, Multi-Use, Residential/Single Family
  • Improvements/ Structured: Other, Barn, Chicken Coop, Greenhouse, Metal Building, Workshop
  • Leased Y/N: No
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: No
Utilities
  • Irrigation/Water District: UVWUA
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Water Heater: Propane Water Heater
  • Utilities: Electricity, Internet, Phone, Propane-Tank Leased, Propane-Tank Owned
  • Mineral Rights: Unknown
  • DOMESTIC WATER: Available
  • DOMESTIC SEWER: Septic
  • Fireplace Type/Location: Den/Family Room, Pellet
  • Addit Living Quarters: No
  • Water Well: No
Multi Family
Multi-Family Information
  • Residence Stories: One Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 1.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Heating Fuel/Source: Pellet, Propane
  • Cooling: Evaporative Cooler
  • Heating System: Other
Exterior Features
  • Fence: Barbed Wire, Full Property
  • Topography: Level, Sloped
  • Barn Y/N: Yes
  • Corral Y/N: No

Property History for 3998 5500th Road

DateEvent & SourcePriceAppreciation
Apr 19, 2026

Listed (Active)

CRENMLS #833785

$1,250,000—
Apr 19, 2026

Listed (Active)

CRENMLS #833780

$1,250,000—
Dec 2, 2022

Expired

CRENMLS #790267

—
Aug 16, 2022

Price Change

CRENMLS #790267

$1,325,000—
Mar 30, 2022

Sold (Public Record)

Public Record #1486870134

$352,000—
Mar 9, 2022

Price Change

CRENMLS #790267

$1,425,000—
Feb 1, 2022

Price Change

CRENMLS #790267

$1,950,000—
Feb 1, 2022

Price Change

CRENMLS #790267

$1,425,000—
Feb 1, 2022

Listed (Active)

CRENMLS #790267

$1,325,000—
DateEvent & SourcePrice
04/19/2026

Listed (Active)

CRENMLS #833785

$1,250,000
04/19/2026

Listed (Active)

CRENMLS #833780

$1,250,000
12/02/2022

Expired

CRENMLS #790267

—
08/16/2022

Price Change

CRENMLS #790267

$1,325,000
03/30/2022

Sold (Public Record)

Public Record #1486870134

$352,000
03/09/2022

Price Change

CRENMLS #790267

$1,425,000
02/01/2022

Price Change

CRENMLS #790267

$1,950,000
02/01/2022

Price Change

CRENMLS #790267

$1,425,000
02/01/2022

Listed (Active)

CRENMLS #790267

$1,325,000

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

Public Records for 3998 5500th Road

Taxable ValueLand$120,260Additions$118,430Total$238,690
Tax Record2025$8,095 ($675 / month)
Home Facts
Beds3Total Finished SqFt1,543 SqFtAbove Grade Finished SqFt1,543 SqFtStories1Lot Size1,568,683 SqFtStyleSingle Family ResidenceYear Built1920CountyMONTROSEAPN3493-363-00-011

Schools near 3998 5500th 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.

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More information about 3998 5500th Road, Olathe, CO 81425

3998 5500th Road is a 36.01 ac of land for sale in Olathe, CO 81425. This property was listed for sale on April 20, 2026 by RE/MAX Alpine View, it's currently listed at $1,250,000. It has been on the market for a total of 0 days and was last sold on March 30, 2022. This listing's school district is Montrose County Re-1j School District. Nearby schools include Olathe Elementary School, Olathe High School and Olathe Middle School. 3998 5500th Road is a 3-bed, 1-bath, 1,463 sqft 36.01 ac of land built in 1920 on a 1,568,595 sq. ft. / 36.01 acres lot.

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. 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 RE/MAX Alpine View, Aaron Tobler

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.