5328 Highway 348

Olathe, CO 81425

$1,700,000
Price
Beds
6
Baths
2,424 Sq. Ft.
$701 / Sq. Ft.
2,424
Sq. Ft.
$701
per Sq. Ft.

Description

Wedding Venue/Income Producing Property! A rare and stunning property located on 12.28 acres in the Southwest part of Colorado. This wedding venue offers a peaceful, elegant, rustic, and western setting. There are pieces placed throughout the property that add an extra special experience to your event. The “Red Barn” was built in 1910 and refurbished in 2018 for wedding and event use. In addition to many possible uses with the red barn, the property has a newly remodeled 1,448 sq/ft manufactured...Wedding Venue/Income Producing Property! A rare and stunning property located on 12.28 acres in the Southwest part of Colorado. This wedding venue offers a peaceful, elegant, rustic, and western setting. There are pieces placed throughout the property that add an extra special experience to your event. The “Red Barn” was built in 1910 and refurbished in 2018 for wedding and event use. In addition to many possible uses with the red barn, the property has a newly remodeled 1,448 sq/ft manufactured home that is used for AirBnB or VRBO purposes and for a Bride’s room and weekend stays for weddings. The1950 home includes a cozy fireplace, a main level full master bedroom and bath, office area, an upstairs with 2 bedrooms, and a downstairs area for extra living space or a workshop. There is a building site on the South edge of the property with a water tap already in place, an RV site, and a recently upgraded irrigation system. This is a must-see income producing property.
  1. Listed by Brooke Snyder • United Country Real Colorado Properties

Property Details for 5328 Highway 348

Water Front
No
Zoning
Agriculture, Other
Waterfront
Creek

Location

Listing Courtesy of United Country Real Colorado Properties, Brooke Snyder
Add your commute
LISTING UPDATED: 03/30/2024 01:38 AM

Property Details for 5328 Highway 348

StatusActive
MLS #811931
Days on Market41
Taxes$2,814 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use w/Res
Year Built1950
Lot Size12.28 AC / 534,916 SF
CountyMontrose County

Location

Listing Courtesy of United Country Real Colorado Properties, Brooke Snyder
Add your commute

Building Information for 5328 Highway 348

Stories-Residences2Year Built1950Lot Size12.28 AC / 534,916 SF

Payment Calculator

$9,512 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5328 Highway 348

Summary
Location and General Information
  • Directions: From Main and Townsend in Montrose, travel N on Hwy 50 10 miles to CO-348. L at light. Drive on CO-348 4 miles.
Owner
  • Owner Name: Roth
Parking
  • Carport Y/N: No
  • PARKING: Gravel
Taxes and HOA Information
  • Tax Year: 2022
  • Total Taxes $: 2813.64
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: Subd: ROTH SUBD THE REPLAT Lot: 2 S: 12 T: 50 R:11
  • Photo Count: 34
  • New Construction Y/N: No
  • Covenants Y/N: NO
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: Yes
  • Current Property Use: Showroom, Agricuture, Lodging, Mixed Use, Service
  • Possible Property Use: Agricultural, Lodging, Mixed-Use, Showroom, Special Use
  • Lot Dimension: 12 +/- acres
  • Parcel ID #: 3.72512300017E11
  • Property Description: Sprinklers, Landscaped
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • DOMESTIC WATER: Tap Installed Paid, Public
  • Existing Utilities: Water, Electric, Septic, Internet
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 2
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 6.00
Interior Features
  • Furnished: Unfurnished
  • Foundation: Basement-Finished, Basement-Partial Finish
  • Cooling: Window A/C Unit(s)
  • Heating System: Fireplace
Exterior Features
  • Fence: Security, Other
Rental
Rental Information
  • CAM Y/N: No

Property History for 5328 Highway 348

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5328 Highway 348

Taxable ValueLand$18,420Additions$47,300Total$65,720
Tax Record2023$3,717 ($310 / month)
Home Facts
Beds4Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtStories2Lot Size534,917 SqFtStyleSingle Family ResidenceYear Built1910CountyMONTROSEAPN3725-123-00-017

Schools near 5328 Highway 348

This home is within Montrose County Re-1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Olathe Elementary School
PublicPK to 5

Olathe Middle School
Public6 to 8

Olathe High School
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5328 Highway 348 is a mixed use property for sale in Olathe, CO 81425. This property was listed for sale on March 27, 2024 by United Country Real Colorado Properties, it's currently listed at $1,700,000. 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. 5328 Highway 348 is a 0-bed, 6-bath, 2,424 sqft mixed use property built in 1950.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 United Country Real Colorado Properties, Brooke Snyder

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.