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  • $1,240,000

    20225 & 20229 Highway 550, Montrose, CO 81403

    3beds
    1,544sqft
    Farm, Agriculture
    Built in 1975
    80 Acres Lot
    $1,218,100 Zestimate®
    $803/sqft
    $2,593 Estimated rent

    Home value

    $1,218,100

    Estimated sales range

    Not available

    $2,593/mo

    Zestimate® history
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    What's special

    This property is a true working ranch. There are 80 acres, with 60 acres "on the flat" and the remaining 20 acres are at the edge of that, and go up over the top of the hillside to the west. There are 60.70 shares of irrigation water through Uncompahgre Valley Water Users and domestic water through Tri County Water Conservancy District. Several years ago, Tri County offered to put in frost free spigots for stock use, to be maintained by the owner. Five of these spigots are conveniently located by the corrals and one is in the barn. The Assessor shows the cabin to be built in 1937. A locally written book on the history of Fort Crawford seems to show the cabin may have originally been part of the old Fort Crawford, and the cabin may have been near or on the parade grounds, which would predate 1937. The owners have found cannonballs on the property over the years. The map from the book is in Associate Docs. The cabin has its own septic and leach field, but has always received domestic water from the main house tap. Due to the uncertain history of the cabin, Tri County recently gave the Sellers an Affidavit of Domestic Service, allowing both the cabin and the main house to be serviced by the same tap. whichever is first. The cabin is 625 sq. ft. with one bedroom, one bath and an upstairs loft area. It is currently on a month to month lease at $900 per month. Horsefly Creek runs across the property at one point and stock may drink from it. The West Canal (part of UVWUA) is back along the hillside to the west and stock may drink from it. There is fiber optic to the house and power to the heifer/calving shed and to the barn. There is a well near the back side of the house that is covered over because at some point in time in the past, it caved in . Nothing else is known about it. The irrigated land consists of 3 fields, side by side: 6 acres, 39.9 acres and 34.1 acres. The house is 1544 sq. ft with an additional 760 sq. ft. in the unfinished basement. it has a kitchen right when you walk in the back door for ranch use- preparing meds. washing bottles for calves, etc. Just beyond that is the family kitchen. There are three BR, 2 full BA's. one of which is ensuite. The house is heated by propane, (leased tank) and the cabin has a woodstove. There are two electric meters: one for the barn and cabin and one for the main house. There is a natural gas easement along Horsefly Creek, which follows the creek, going along the edge of all three fields. Sellers say it would not be in the way, in the event a gas line was installed. There are 6 other structures on the property:1620 sq. ft. barn, an open pole shed of 1728 sq. ft., an open pole shed of 1190 sq. ft., an open pole shed of 650 sq. ft., a sun shelter of 1280 sq. ft., and a grain silo of 1000 sq. ft. The barn is a treasure of storage capabilities- cubbies, closed off shelving, hang stuff from the rafters, etc.! If you are looking for a true working ranch in western Colorado with good land and water, this is the place for you! And yes, there are views!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah Reed 970-209-1396,

    Phelps Real Estate Group

    Bought with:

    Montrose NON MEMBER

    NON-MEMBER/FSBO Montrose

    Source: CREN,MLS#: 819987MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,544
    • Total interior livable area: 1,544 sqft
    • Finished area above ground: 1,544
    • Finished area below ground: 760

    Property

    Lot
    • Size: 80 Acres
    Details
    • Parcel number: 399326200005
    • On leased land: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm, Agriculture
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1975

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Montrose

    Financial & listing details

    • Price per square foot: $803/sqft
    • Annual tax amount: $2,194
    • Date on market: 12/17/2024
    • Has irrigation water rights: Yes

    Price history

    DateEventPrice
    3/20/2025Sold$1,240,000-4.6%$803/sqft
    Source: CREN #819987 Report a problem
    1/16/2025Contingent$1,300,000$842/sqft
    Source: CREN #819987 Report a problem
    12/17/2024Listed for sale$1,300,000$842/sqft
    Source: CREN #819987 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 81403

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cottonwood K-5
    • Middle: Columbine 6-8
    • High: Montrose 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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