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$1,295,000
390 Days On Site

5328 Highway 348
Olathe, CO 81425

For Sale|Mixed Use|Active
0
Beds
6
Full Baths
0
Partial Baths
2,424
SqFt
$534
/SqFt
1950
Built
County:
Montrose
Listing courtesy of Brooke Snyder of Real Colorado Properties

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970-382-3023
5328 Highway 3485328 Highway 3485328 Highway 3485328 Highway 348
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Monthly Payment (Est.)

$5,908
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Discover a gem property on 12.28 acres in Olathe, Colorado. This exceptional property serves as a primary residence and a captivating wedding/event venue, offering a tranquil yet elegant rustic setting with western charm. Thoughtfully curated features throughout the grounds enhance the experience, making every event memorable. The iconic “Red Barn,” originally built in 1910 and beautifully refurbished in 2018 is catering to weddings and various events. This versatile space offers endless possibilities, making it a perfect backdrop for celebrations. Complementing the barn, the property also includes a newly remodeled 1,448 sq. ft. modular home, ideal for Airbnb or VRBO accommodations. This home serves as a comfortable Bride’s room and provides weekend stays for wedding guests. The 1950s residence features a cozy fireplace, a master bedroom with an en-suite bath on the main level, an office area, two additional bedrooms upstairs, and a downstairs space that can serve as extra living quarters or a workshop or pantry. Enhancing its appeal, the property offers a designated building site on the southern edge, complete with an existing stock water tap, an RV site, and a recently upgraded irrigation system. This property has 12 shares of irrigation water with an advanced wheeline irrigation system designed to optimize water usage efficiently. The system draws water directly from a nearby canal through a newly installed pump, ensuring a consistent and reliable water supply for agricultural needs. The wheeline setup allows for easy maneuverability across the fields. With this innovative irrigation solution, the property is well-equipped to meet the demands of modern farming while conserving resources. unique property not only presents a stunning home but also serves as an income-generating opportunity. Don’t miss your chance to explore this remarkable piece of Colorado paradise!

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Listing Snapshot
Price 
$1,295,000
Days On Site 
390 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,424 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
12.28 Acres
Year Built 
1950
MLS® Number 
811931
Status 
Active
Property Tax 
$2,813.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoPrice changed to $1,295,000
a year agoListing first seen on site
General Features
Acres 
12.28
Property Sub Type 
Mixed Use
Sewer 
Septic Tank
SqFt Total 
2424
Water Source 
Public
Zoning 
Agriculture,Other
Interior Features
Basement 
FinishedPartially Finished
Cooling 
Window Unit(s)
Fireplace 
Yes
Heating 
PropaneWood
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Exterior Features
Road Frontage 
State Road
Community Features
MLS Area 
Olathe
Listing courtesy of Brooke Snyder of Real Colorado Properties



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Last checked: 2025-04-21 02:45 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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