Located in GMU 62 and surrounded by breathtaking views of the San Juan and Cimarron Mountain ranges, this private 40-acre Ouray County property offers the Colorado lifestyle so many buyers are searching for. With abundant elk and deer, no HOA, no covenants, a second paid water tap, and endless room to roam, recreate, and personalize, this property is ideal for outdoor enthusiasts, hunters, homesteaders, or anyone seeking privacy and freedom in the mountains. The property offers a rare combination of usable acreage, dramatic scenery, and flexibility with ample room for recreational vehicles, trailers, equipment, gardening, hobby use, or future expansion opportunities. In addition to the oversized two-car garage, the home also features a large covered carport area that provides excellent additional parking, covered storage, outdoor entertaining space, or the potential to creatively enclose or customize to fit your needs. The home features over 2,100 square feet with soaring ceilings, custom metal stair railing expansive south-facing windows, and an open-concept layout designed to capture natural light and maximize the mountain views. A wall of south-facing glass creates excellent passive solar gain during the winter months while filling the home with warmth and natural light year-round. The main level includes an open kitchen and living area with French doors leading outdoors, covered patio space ideal for summer evenings, and a spacious laundry/mud room or office area conveniently located off the garage. The flexible loft-style upper living spaces create multiple options for bedrooms, office space, studio use, bunk areas, or additional recreation space. Currently configured as a three-bedroom, two-bath home, buyers should note the bedroom spaces are non-conforming due to the absence of built-in closets; however, the rooms function well as sleeping quarters, guest accommodations, office space, or flex rooms depending on a buyer’s needs. This property offers exceptional opportunity for buyers looking to continue upgrading, enhancing and personalizing a home with strong architectural character and an incredible setting. Conveniently located between Ridgway and Montrose with easy access to Ouray, Telluride, public lands, hiking, hunting, skiing, and year-round recreation. This is a rare opportunity to own a true Western Colorado mountain property with tremendous upside potential, where thoughtful cosmetic updates and modernization could significantly increase both value and long-term investment return. An additional adjoining 40-acre parcel with a second residence and improvements is also available, creating a rare opportunity to own a combined 80-acre mountain property. Please reference Farm & Ranch MLS #834884 for the full combined offering details.
Uc/contingent/call lb
$649,000
1531 Sage Road, Montrose, CO 81403
3beds
2,145sqft
Stick Built
Built in 2001
40 Acres Lot
$643,400 Zestimate®
$303/sqft
$-- HOA
What's special
Strong architectural characterOversized two-car garageCovered storageOutdoor entertaining spaceLarge covered carport areaExpansive south-facing windowsSoaring ceilings
- 27 days |
- 1,138 |
- 91 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Debra Harmon 970-901-5131,
20 Sleeps West Real Estate
Source: CREN,MLS#: 834796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining room
- Features: Living Room Dining
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Vaulted Ceiling(s)
- Flooring: Carpet-Partial, Tile
Interior area
- Total structure area: 2,145
- Total interior livable area: 2,145 sqft
- Finished area above ground: 2,145
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 40 Acres
- Features: Wooded
Details
- Parcel number: 425711200200
- Zoning description: Residential Single Family
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Stick Built
- Attached to another structure: Yes
Materials
- Wood Frame, Metal Siding, Stone, Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Propane-Tank Owned
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Montrose
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $654,320
- Annual tax amount: $2,303
- Date on market: 5/16/2026
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$643,400
$611,000 - $676,000
$4,919/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Contingent | $649,000$303/sqft |
Source: | ||
| 5/16/2026 | Listed for sale | $649,000$303/sqft |
Source: | ||
| 5/2/2026 | Listing removed | $649,000$303/sqft |
Source: | ||
| 4/12/2026 | Price change | $649,000-7.2%$303/sqft |
Source: | ||
| 4/6/2026 | Price change | $699,000-1.5%$326/sqft |
Source: | ||
| 3/30/2026 | Price change | $710,000-2.1%$331/sqft |
Source: | ||
| 3/10/2026 | Price change | $725,000-3.2%$338/sqft |
Source: | ||
| 2/5/2026 | Price change | $749,000-3.4%$349/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $775,000+40.9%$361/sqft |
Source: | ||
| 12/19/2024 | Sold | $550,000-21.4%$256/sqft |
Source: | ||
| 9/30/2024 | Listed for sale | $700,000$326/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,067 +0.8% | $40,900 +1.4% |
| 2024 | $2,051 +16.1% | $40,320 -11.7% |
| 2023 | $1,766 -0.3% | $45,640 +44% |
| 2022 | $1,772 +24.1% | $31,700 -2.8% |
| 2021 | $1,428 | $32,620 +13.3% |
| 2020 | $1,428 +35% | $28,800 -0.7% |
| 2019 | $1,058 +0.5% | $29,000 +39.8% |
| 2018 | $1,053 | $20,740 |
| 2017 | -- | $20,740 -13% |
| 2016 | -- | $23,850 |
| 2015 | -- | $23,850 +1.6% |
| 2012 | -- | $23,480 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81403
Nearby schools
GreatSchools rating
- 6/10Ridgway Elementary SchoolGrades: PK-5Distance: 8.3 mi
- 9/10Ridgway Middle SchoolGrades: 6-8Distance: 7.8 mi
- 7/10Ridgway High SchoolGrades: 9-12Distance: 7.8 mi
Schools provided by the listing agent
- Elementary: Ridgway K-5
- Middle: Ridgway 6-8
- High: Ridgway 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Colorado
- Ouray County
- Montrose
- 81403
- 1531 Sage Road







