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Sold for $1,200,000
  • $1,200,000

    1226 County Road X45, Norwood, CO 81423

    3beds
    3,000sqft
    Single Family Residence
    Built in 1930
    167 Acres Lot
    $1,175,600 Zestimate®
    $400/sqft
    $3,891 Estimated rent

    Home value

    $1,175,600

    Estimated sales range

    Not available

    $3,891/mo

    Zestimate® history
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    What's special

    The Farnham Ranch is a beautiful working ranch located on Wright's Mesa, just 45 minutes from Telluride and 5 minutes from Norwood, Colorado. The 157-acre property includes a historic farmhouse with a 1997 addition featuring an open living/dining area that opens out into an expansive back yard. The three-bedroom, two-bath home includes a custom-built wood burning fireplace and is ready for its new owners to mold it to their vision of country life. A detached five-car barn/garage, and two workshops offer plenty of space for toys or ranch equipment storage while two haybarns, five ponds, multiple corrals, large livestock barn and 75 shares of Farmer's water provides everything needed to maintain the property as a working ranch. Mountain views, privacy and year-round access from a well-maintained County road make this a compelling buy for anyone looking to create a life in the country.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jim Lucarelli 970-728-0213,

    Compass Colorado - Telluride

    Bought with:

    Jim Lucarelli, EA1312475

    Compass Colorado - Telluride

    Source: TRIDEMLS,MLS#: 42843MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas Baseboard
    Features
    • Lofts: None
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: 5+ Car Garage
    • Has garage: Yes
    • Covered spaces: 5
    Features
    • Has view: Yes
    • View description: La Sals, Lone Cone
    Lot
    • Size: 167 Acres
    Details
    • Parcel number: R2030093400
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • 40+ Years
    • New construction: No
    • Year built: 1930
    • Major remodel year: 1997

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Norwood

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $358,136
    • Annual tax amount: $1,747
    • Date on market: 8/9/2024

    Price history

    DateEventPrice
    3/27/2025Sold$1,200,000-7.7%$400/sqft
    Source: TRIDEMLS #42843 Report a problem
    2/12/2025Pending sale$1,300,000$433/sqft
    Source: TRIDEMLS #42843 Report a problem
    10/12/2024Listed for sale$1,300,000$433/sqft
    Source: TRIDEMLS #42843 Report a problem
    10/4/2024Pending sale$1,300,000$433/sqft
    Source: TRIDEMLS #42843 Report a problem
    8/9/2024Listed for sale$1,300,000-33.3%$433/sqft
    Source: TRIDEMLS #42843 Report a problem
    6/13/2024Listing removed--
    Source: TRIDEMLS #41667 Report a problem
    6/15/2023Listed for sale$1,950,000$650/sqft
    Source: TRIDEMLS #41667 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,324 +33%$38,230 +4.1%
    2024$1,747 +24.6%$36,740 -7.1%
    2023$1,402 -8.3%$39,550 +34%
    2022$1,529 +205.9%$29,520 -7.8%
    2021$500 -67.8%$32,010 +8.4%
    2020$1,553 -2.7%$29,530
    2019$1,596 0%$29,530 +3.8%
    2018$1,596 +5.6%$28,460
    2017$1,511 +30.5%$28,460 +0.9%
    2016$1,158 +1.4%$28,210 +80.1%
    2015$1,142 $15,660
    Find assessor info on the county website

    Neighborhood: 81423

    Nearby schools

    GreatSchools rating
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