Last Sold Price
54654 Banner Rd, Olathe, CO 81425

Description

A very well irrigated parcel, perfect for a small farm or horse set up room for a home, and some improvements. This parcel has almost 360 degree views of the San Juan Mountain Range, the West Elks near Crawford Colorado, and the Uncompahgre Plateau. Finalize acreage to be determined when split is finalized with Montrose county. About 16 shares of Uncompahgre Valley Water Users Association water (project water) will go with the land. This is a split off a 38 acre parcel which is also for sale to include...A very well irrigated parcel, perfect for a small farm or horse set up room for a home, and some improvements. This parcel has almost 360 degree views of the San Juan Mountain Range, the West Elks near Crawford Colorado, and the Uncompahgre Plateau. Finalize acreage to be determined when split is finalized with Montrose county. About 16 shares of Uncompahgre Valley Water Users Association water (project water) will go with the land. This is a split off a 38 acre parcel which is also for sale to include a large shop with living quarters of almost 4,000 sq ft included. Listed separately.
LISTING CLOSED: 10/26/2022 12:00 AM

  1. Listed by Leslie Gore • The Real Estate Store
    P: (970)-275-3195 C: (970)-275-3195 Lesliegorerealtor@gmail.com

Property Details for 54654 Banner Road

Status
MLS #
964241
Days on Market
75
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Land / Mixed Use
Year Built
-
Lot Size
16.00 AC
Locale
Montrose

Location

Listing Courtesy of The Real Estate Store, Leslie Gore

Sold By Non-IRES, Non-IRES Agent

Add your commute

Building Information for 54654 Banner Road

Lot Size16.00 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,145 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,677

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 54654 Banner Road

Summary
Location and General Information
  • Road Access 2: Priv Rd up to County Standards, County Maintained
  • Latitude: 38.53
  • Longitude: -108.11
  • Nearest Town: Olathe
  • Miles To Nearest Town: 6
Taxes and HOA Information
  • Has HOA: No
  • HOA Fee: $.00
  • Legal Description: TBD legal when spit is final with the county. Split from Parcel Number 3493-351-00-001 with the leal of S: 35 T: 5 R: 11 Part of the N2N2NE4 35-51-11 Per M/B Deed 850098 for a total of 22 acres MOL
  • Tax Information: No
  • HOA2 Fee Amount: $0
  • Tax Year: 2021
  • Tax Annual Amount: $0
  • Parcel Number: R0006538
Property
Lot Information
  • Lot Improvements: Level, Water Rights Included
  • Horse Property: Horse(s) Allowed, Zoning Appropriate for 4+ Horses, Barn, Corral(s), Pasture, Arena, Tack Room, Loafing Shed, Hay Storage
  • Lot Size Area: 696,960.00
  • Has Irrigation Water Rights: Yes
  • Has Improvements: No
  • Crops: YES
Property and Assessments
  • Are Ditches Active: Yes
Utilities
  • Electric: DMEA
Multi Family
Multi-Family Information
  • Total Units: See Remarks
Rental
Rental Information
  • Horse YN: Yes

Property History for 54654 Banner Road

DateEvent & SourcePriceAppreciation
Oct 24, 2022

Sold (Public Record)

Public Record #1501252534

$330,000

+4.9% / yr

May 23, 2017

Sold (Public Record)

Public Record #1253795024

$255,000
DateEvent & SourcePrice
10/24/2022

Sold (Public Record)

Public Record #1501252534

$330,000

+4.9% / yr

05/23/2017

Sold (Public Record)

Public Record #1253795024

$255,000

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

Public Records for 54654 Banner Road

Taxable ValueLand$5,880Additions$83,300Total$89,180
Tax Record2023$5,613 ($468 / month)
Home Facts
Beds3Total Finished SqFt4,183 SqFtAbove Grade Finished SqFt4,183 SqFtStories2Lot Size871,200 SqFtStyleMiscellaneous ResidentialYear Built2017CountyMONTROSEAPN3493-351-01-003

Schools near 54654 Banner Road

This home is within Montrose County Re-1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 8
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

New listings in 81425

$250,000 | 605 S Highway, Unit HIGHWAY 50, Olathe, CO 81425
1/19
New

$250,000

4
Bedrooms
2
Bathrooms
1,404
Square Feet
0.21
Acres
$365,000 | Lot 2-2.27 Ac) Wilson Avenue, Olathe, CO 81425
1/22

$365,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.27
Acres
a view of a yard with a tree
1/8

$875,000

3
Bedrooms
1,833
Square Feet
52.84
Acres
a view of a bunch of trees and bushes
1/24

$2,100,000

3
Bedrooms
1,883
Square Feet
94.09
Acres
a front view of a house with yard and green space
1/45
Virtual Tour

$1,540,000

5
Bedrooms
5,688
Square Feet
40.67
Acres
$489,000 | 54326 Flintlock Lane, Olathe, CO 81425
1/31
Virtual Tour

$489,000

3
Bedrooms
1,757
Square Feet
1.21
Acres
$959,900 | 58177 Garner Lane, Olathe, CO 81425
1/32
Virtual Tour

$959,900

5
Bedrooms
2,772
Square Feet
3.68
Acres
$538,000 | 59727 50th Highway, Olathe, CO 81425
1/18

$538,000

4
Bedrooms
2,356
Square Feet
2
Acres
a view of an ocean beach
1/3

$98,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.00
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$205,000
348,480
$525,000
2
1,484
522,720
$230,000
3
2
2,669
348,480
$230,000
348,480
$389,000
2
1,184
54,014

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 07:37 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.