7276 5550th Rd

$1,775,000
Price
5
Beds
5,688 Sq. Ft.
$312 / Sq. Ft.
5,688
Sq. Ft.
$312
per Sq. Ft.

Description

Welcome to 7276 5550 Road—where all 40 acres embody the legacy of the land and echo the quiet grace of life on Colorado’s breathtaking Western Slope. At the heart of the property stands a spectacular 5,688 square foot 5-bedroom, 4-bath timber frame home—a masterclass in craftsmanship, comfort, and understated luxury. Towering ceilings, rich wood beams, and high-end finishes create an atmosphere that is both warm and grand. Designed with both gathering and solitude in mind, the layout offers multiple...Welcome to 7276 5550 Road—where all 40 acres embody the legacy of the land and echo the quiet grace of life on Colorado’s breathtaking Western Slope. At the heart of the property stands a spectacular 5,688 square foot 5-bedroom, 4-bath timber frame home—a masterclass in craftsmanship, comfort, and understated luxury. Towering ceilings, rich wood beams, and high-end finishes create an atmosphere that is both warm and grand. Designed with both gathering and solitude in mind, the layout offers multiple living spaces where you can relax in peace or come together with loved ones. The classic covered front porch welcomes you as you arrive. Through the front entry you will be greeted by the home office to your right, and a pool room to you left. Straight ahead is the great room, anchored by a fantastic wood-burning stone fireplace and huge windows. The main floor also houses the primary suite, complete with its own sitting room, dual-sided gas fireplace, private patio, and 6-piece en-suite bath. The chefs kitchen is situated perfectly for entertaining guests, and boasts high-end Viking appliances. The dining room and family room flow off of the kitchen, which features yet another beautiful wood burning stove and access to multiple outdoor spaces. A large laundry/mud room and a full guest bath are just around the corner, as well as garage access. Upstairs you can enjoy the views of the main floor and outdoors from the catwalk! There are two additional living room spaces upstairs, easily used as a library, craft space, or more. There are two spacious bedrooms, one with an en-suite bath and the other just down the hall from another spacious bath. The home was built with an incredible amount of storage- from the eaves to deep reach-ins and expansive walk-in closets, you will not be disappointed in the storage capacity! There is also a large bonus room upstairs that can be accessed via a private staircase from the garage or simply from the hallway upstairs. This space has another wood burning stove, 3 spacious walk-in closets, and beautiful big windows. Use this room as a guest suite, home-gym, reloading space, artistic studio, or more. Forced air heating and cooling keep the home temperate year-round, and a new roof was just installed last year. Views abound from every angle of this property- from the San Juans to the Uncompahgre and the Grand Mesa. Outdoors you will find a 50x60 shop, built in 2020, that is perfect for toy storage, creative work, or hobbies, and includes a 50x30 carport and 20x60 lean-to for added versatility. Keep your hay dry and covered! Irrigated acreage planted in grass hay lays out to the west of the home and shop. A lush riparian corridor runs through the south east corner of the property, offering live water year-round and a shaded sanctuary for birds, wildlife, and livestock alike. While the land is held in an agricultural conservation easement to preserve its natural integrity, there’s still room to enjoy, explore, and appreciate the richness of this setting. This property is located amongst the sprawling farms just west of Olathe and a short drive to Montrose or Delta. This is ideal for air travel, as you are less than 20 minutes to the Montrose Regional Airport (MTJ). There are many amenities in this verdant valley, from top-notch healthcare to wonderfully active community, great restaurants, retail options, cultural events, and to local festivals. This one-of-a-kind homestead is ready to support your vision—whether it’s a working farm, a quiet refuge, or a legacy worth building upon, you are welcome in this valley!
  1. Listed by Katie Chapman Schmalz • Chapman Real Estate Company, LLC

Property Details for 7276 5550th Road

Water Front
No
Zoning
Agriculture
Views
Mountains, Other
Waterfront
Other
Subdv Name
None
LISTING UPDATED: 10/13/2025 12:58 PM

Property Details for 7276 5550th Road

StatusActive
MLS #826179
Days on Market174
Taxes$6,430 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built2006
Lot Size40.67 AC / 1,771,585 SF
CountyMontrose County

Location

Listing Courtesy of Chapman Real Estate Company, LLC, Katie Chapman Schmalz

Virtual Tour

Building Information for 7276 5550th Road

Stories1Year Built2006Building Size-Lot Size40.67 AC / 1,771,585 SF

Payment Calculator

$9,307 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,771

Property Taxes

$536

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7276 5550th Road

Summary
Location and General Information
  • Directions: From Olathe take Highway 348 wests out of town to 5550 Rd. Property will be on your left, look for sign.
  • Fronts: W
Parking
  • RV Parking: Yes
  • Carport Y/N: Yes
  • Carport Spaces: 6
  • Garage Type: Attached Garage
  • Garage Capacity: 2
  • Garage Y/N: Yes
School Information
  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8
  • High School: Olathe 9-12
Taxes and HOA Information
  • Tax Account ID: R0008898
  • HOA Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 6430.16
Property
Property and Assessments
  • Domestic Water Source: Installed Paid, Public
  • Domestic Sewer Source: Septic System
  • FIPS Code: 08085
  • Legal/Lot Block: SW1/4 NE1/4, SECTION 24, TOWNSHIP 50 NORTH, RANGE 11 WEST, NEW MEXICO PRINCIPAL MERIDIAN, COUNTY OF MONTROSE, STATE OF COLORADO
  • Foreign Owned Y/N: No
  • Photo Count: 45
  • New Construction Y/N: No
  • Disclosures: Other
  • Livestock Allowed: Cattle, Horses, Other, Poultry, Sheep, Swine
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: Yes
  • Lot Size/Acerage: 35+
  • Current Property Use: Residential, Agriculture
  • Possible Property Use: Residential, Agriculture, Horse/Equestrian, Livestock, Tree Farm, Vineyard
  • Lot Dimension: 40.67 acres
  • Parcel ID #: 3.72524100002E11
  • SqFt Source: Assessor
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
  • Irrigation/Water District: UVWUA
  • Internet Service Y/N: Yes
  • Internet Provider: Rise Broadband
  • Utilities: Electric, Internet, Phone - Cell Reception, Propane-Tank Leased
  • Addit Living Quarters: No
  • Water Well: No
Multi Family
Multi-Family Information
  • Residence Stories: 1.5 Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Bathrooms: 4.00
  • Primary Bedroom Level: Main Level
  • Dining: Kitchen Bar, Separate Dining
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Main SF: 3243
  • Upper SF: 2445
  • Florring: Carpet-Partial, Hardwood, Tile
  • Heating Fuel/Source: Propane, Wood
  • Cooling: Central A/C
  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Oven-Wall
  • Heating System: Forced Air, Wood Stove
  • Interior Inclusion: Wood Stove, Ceiling Fan(s), W/D Hookup, Wet Bar, Vaulted Ceiling, Walk In Closet, Game Room
  • Fireplace/Location/ Type: Den/Family Room, Living Room
Exterior Features
  • Residence Style: Contemporary
  • Roof: Composition
  • Exterior Inclusions: Landscaping, Irrigation Water, Patio, Lawn Sprinklers, RV Hook Up/Pad, Covered Porch
  • Siding: Wood
  • Exterior Structures: Garage, Metal Building
  • Windows: Double Pane, Wood

Property History for 7276 5550th Road

DateEvent & SourcePriceAppreciation
Sep 4, 2025

Price Change

CRENMLS #826179

$1,775,000
Jul 2, 2025

Price Change

CRENMLS #826179

$1,849,000
Jul 2, 2025

Listed (Active)

CRENMLS #826179

$1,775,000
Aug 23, 2024

Sold

TMLS #34220

Jul 17, 2019

Sold (Public Record)

Public Record #1320470031

$835,000

+12.2% / yr

Jul 17, 2019

Sold

CRENMLS #754511

$835,000
Jun 24, 2019

Pending

CRENMLS #754511

Mar 2, 2019

Listed (Active)

CRENMLS #754511

$889,000
Sep 29, 2017

Sold (Public Record)

Public Record #1272998033

$679,000
Sep 29, 2017

Sold

CRENMLS #716706

$679,000
Sep 29, 2017

Sold

TMLS #34220

$679,000
Sep 5, 2017

Pending

CRENMLS #716706

Sep 5, 2017

Pending

TMLS #34220

Mar 30, 2016

Listed (Active)

CRENMLS #716706

$795,000
Mar 30, 2016

Listed (Active)

TMLS #34220

$795,000
Aug 16, 2014

Expired

CRENMLS #684469

Aug 15, 2013

Listed (Active)

CRENMLS #684469

$895,000
DateEvent & SourcePrice
09/04/2025

Price Change

CRENMLS #826179

$1,775,000
07/02/2025

Price Change

CRENMLS #826179

$1,849,000
07/02/2025

Listed (Active)

CRENMLS #826179

$1,775,000
08/23/2024

Sold

TMLS #34220

07/17/2019

Sold (Public Record)

Public Record #1320470031

$835,000

+12.2% / yr

07/17/2019

Sold

CRENMLS #754511

$835,000
06/24/2019

Pending

CRENMLS #754511

03/02/2019

Listed (Active)

CRENMLS #754511

$889,000
09/29/2017

Sold (Public Record)

Public Record #1272998033

$679,000
09/29/2017

Sold

CRENMLS #716706

$679,000
09/29/2017

Sold

TMLS #34220

$679,000
09/05/2017

Pending

CRENMLS #716706

09/05/2017

Pending

TMLS #34220

03/30/2016

Listed (Active)

CRENMLS #716706

$795,000
03/30/2016

Listed (Active)

TMLS #34220

$795,000
08/16/2014

Expired

CRENMLS #684469

08/15/2013

Listed (Active)

CRENMLS #684469

$895,000

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

Public Records for 7276 5550th Road

Taxable ValueLand$7,310Additions$84,450Total$91,760
Tax Record2024$6,430 ($536 / month)
Home Facts
Beds4Total Finished SqFt5,688 SqFtAbove Grade Finished SqFt5,688 SqFtStories2Lot Size1,771,585 SqFtStyleSingle Family ResidenceYear Built2006CountyMONTROSEAPN3725-241-00-002

Schools near 7276 5550th Road

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

Olathe Middle School
Public6 to 8

Olathe High School
Public6 to 12

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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7276 5550th Road is a single family home for sale in Olathe, CO 81425. This property was listed for sale on July 3, 2025 by Chapman Real Estate Company, LLC, it's currently listed at $1,775,000. It has been on the market for a total of 174 days and was last sold on August 24, 2024. This listing's school district is Montrose County Re-1j School District. Nearby schools include Olathe Elementary School, Olathe Middle School and Olathe High School. 7276 5550th Road is a 5-bed, 4-bath, 5,688 sqft single family home built in 2006.

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 makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Chapman Real Estate Company, LLC, Katie Chapman Schmalz

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.