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  • $635,000

    1531 Sage Road, Montrose, CO 81403

    3beds
    2,145sqft
    Stick Built
    Built in 2001
    40 Acres Lot
    $634,900 Zestimate®
    $296/sqft
    $3,366 Estimated rent

    Home value

    $634,900

    Estimated sales range

    Not available

    $3,366/mo

    Zestimate® history
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    What's special

    Strong architectural characterOversized two-car garageCovered storageOutdoor entertaining spaceLarge covered carport areaExpansive south-facing windowsSoaring ceilings
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Debra Harmon 970-901-5131,

    20 Sleeps West Real Estate

    Bought with:

    Shawn Vang

    HomeSmart Realty Partners

    Source: CREN,MLS#: 834796MLS Logo

    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

    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: $296/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

    Price history

    DateEventPrice
    6/22/2026Sold$635,000-2.2%$296/sqft
    Source: CREN #834796 Report a problem
    5/22/2026Contingent$649,000$303/sqft
    Source: CREN #834796 Report a problem
    5/16/2026Listed for sale$649,000$303/sqft
    Source: CREN #834796 Report a problem
    5/2/2026Listing removed$649,000$303/sqft
    Source: CREN #829298 Report a problem
    4/12/2026Price change$649,000-7.2%$303/sqft
    Source: CREN #829298 Report a problem
    4/6/2026Price change$699,000-1.5%$326/sqft
    Source: CREN #829298 Report a problem
    3/30/2026Price change$710,000-2.1%$331/sqft
    Source: CREN #829298 Report a problem
    3/10/2026Price change$725,000-3.2%$338/sqft
    Source: TRIDEMLS #44006 Report a problem
    2/5/2026Price change$749,000-3.4%$349/sqft
    Source: CREN #829298 Report a problem
    10/16/2025Listed for sale$775,000+40.9%$361/sqft
    Source: TRIDEMLS #44006 Report a problem
    12/19/2024Sold$550,000-21.4%$256/sqft
    Source: CREN #818401 Report a problem
    9/30/2024Listed for sale$700,000$326/sqft
    Source: CREN #818401 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 81403

    Nearby schools

    GreatSchools rating
    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.

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