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  • $649,000

    1531 Sage Road, Montrose, CO 81403

    3beds
    2,145sqft
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    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
    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.
    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#: 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: $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
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        Estimated market value

        $643,400

        $611,000 - $676,000

        $4,919/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 81403

          Getting around

          0 / 100
          Car-Dependent
          20 / 100
          Somewhat Bikeable

          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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