Tucked away in the countryside, this charming private farm offers a peaceful retreat surrounded by towering, mature trees that provide ample shade and a sense of seclusion. The property features several well-maintained outbuildings, perfect for storage, workshops, or animal shelters. Recently remodeled, the main farmhouse combines modern comfort with rustic charm, offering cozy, updated living spaces. A fenced yard ensures safety for pets and livestock, while a thriving garden adds a touch of beauty. At the heart of the farm is Gracie the donkey, a gentle and beloved resident who adds personality and warmth to this idyllic rural haven.
Sold cren member
$587,500
5197 Highway 348, Olathe, CO 81425
3beds
1,518sqft
Stick Built
Built in 1920
2.89 Acres Lot
$605,400 Zestimate®
$387/sqft
$1,914 Estimated rent
Home value
$605,400
$563,000 - $648,000
$1,914/mo
Zestimate® history
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List your homeWhat's special
Thriving gardenFenced yardSeveral well-maintained outbuildingsCozy updated living spaces
Zillow last checked:
Listing updated:
Listed by:
Delphine Jadot 970-393-2770,
Keller Williams Realty Southwest Associates, LLC - Montrose
Bought with:
John Stein
Real Broker, LLC DBA Real
Source: CREN,MLS#: 825088
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Kitchen Bar, Separate Dining
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer, Dryer
- Laundry: W/D Hookup
Features
- Flooring: Hardwood, Tile, Laminate
- Windows: Window Coverings, Double Pane Windows, Vinyl
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Den/Family Room, Wood Burning Stove, Wood Stove
Interior area
- Total structure area: 1,518
- Total interior livable area: 1,518 sqft
- Finished area above ground: 1,518
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Heated Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Landscaping, Irrigation Water, Garden
Lot
- Size: 2.89 Acres
- Features: Pasture
Details
- Additional structures: Barn(s), Garage(s), Shed(s), Workshop, Shed/Storage
- Parcel number: 372511400014
- Zoning description: Agriculture,Residential Single Family
- Horses can be raised: Yes
- Horse amenities: Corral(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log,Farm House
- Property subtype: Stick Built
Materials
- Log, Wood, Log Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Septic Tank
- Water: City Water, Well
- Utilities for property: Electricity Connected, Internet
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $378,010
- Annual tax amount: $1,046
- Date on market: 6/5/2025
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Sold | $587,500-1.3%$387/sqft |
Source:  CREN #825088 Report a problem | ||
| 6/18/2025 | Contingent | $595,000$392/sqft |
Source: CREN #825088 Report a problem | ||
| 6/5/2025 | Listed for sale | $595,000$392/sqft |
Source: CREN #825088 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,516 -8.3% | $25,330 -3.6% |
| 2023 | $1,654 +44.3% | $26,270 +49.2% |
| 2022 | $1,146 +8.8% | $17,610 -2.8% |
| 2021 | $1,053 +96.1% | $18,120 +6.6% |
| 2020 | $537 | $17,000 +7.9% |
| 2019 | $537 -20.4% | $15,760 +49.8% |
| 2018 | $674 +0.2% | $10,520 |
| 2017 | $673 | $10,520 +3% |
| 2016 | $673 +13.7% | $10,210 |
| 2015 | $592 +17.4% | $10,210 +9.7% |
| 2014 | $504 -0.2% | $9,310 |
| 2013 | $505 -20.8% | $9,310 -26% |
| 2012 | $638 | $12,580 |
| 2011 | -- | $12,580 |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 81425
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Nearby schools
GreatSchools rating
- 4/10Olathe Elementary SchoolGrades: PK-5Distance: 4.2 mi
- NAOlathe Middle SchoolGrades: 6-8Distance: 4.2 mi
- 5/10Olathe High SchoolGrades: 6-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Olathe K-5
- Middle: Olathe 6-8
- High: Olathe 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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- Colorado
- Montrose County
- Olathe
- 81425
- 5197 Highway 348
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