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$1,295,000
14 Days On Site

5328 Hwy 348
Olathe, CO 81425

For Sale|Single Family Residence|Active
5
Beds
1
Full Bath
2
Partial Baths
2,424
SqFt
$534
/SqFt
1950
Built
Subdivision:
None
County:
Montrose
Listing courtesy of Brooke Snyder of Real Colorado Properties

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970-382-3023
5328 Hwy 3485328 Hwy 3485328 Hwy 3485328 Hwy 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 
14 Days
Bedrooms 
5
Inside Area (SqFt) 
2,424 sqft
Total Baths 
3
Full Baths 
1
Partial Baths 
2
Lot Size 
12.28 Acres
Year Built 
1950
MLS® Number 
822689
Status 
Active
Property Tax 
$3,383.96
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 agoListing first seen on site
General Features
Acres 
12.28
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
3
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
2424
Style 
Farm House
Water Source 
Public
Zoning 
Mixed-Use
Interior Features
Basement 
Finished
Cooling 
Ceiling Fan(s)Window Unit(s)
Fireplace Features 
Family RoomLiving Room
Heating 
Forced AirPropaneWoodWood Stove
Interior 
Walk-In Closet(s)
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Exterior Features
Construction Details 
Wood Siding
Other Structures 
Barn(s)Shed(s)Guest House
Road Frontage 
State Road
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Horse Allowed 
Yes
MLS Area 
Olathe
Schools
School District
Unknown
Elementary School
Open Enrollment
Middle School
Open Enrollment
High School
Open Enrollment
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 02:57 AM UTC

Neighborhood & Commute
Source: Walkscore
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