Escape to the country with this rare fixer-upper opportunity on 3 beautiful acres in the Olathe countryside! This property offers endless potential for those looking to create their dream rural retreat, hobby farm, or investment property. Featuring 2.8 shares of valuable irrigation water, the land is well-suited for animals, gardening, or small-scale farming. Surrounded by wide-open views and peaceful country living, there’s plenty of room to expand, renovate, and make it your own. Enjoy the privacy of rural living while still being conveniently located near town amenities. Bring your vision and unlock the potential this unique property has to offer!
Uc/contingent/call lb
$299,000
5274 5700 Road, Olathe, CO 81425
3beds
1,228sqft
Stick Built
Built in 1920
3 Acres Lot
$291,500 Zestimate®
$243/sqft
$-- HOA
What's special
- 28 days |
- 996 |
- 38 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sara Woodward C:303-990-7271,
Norris-Phillips Real Estate, LLC
Source: CREN,MLS#: 834745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Eat-in Kitchen
Appliances
- Included: Range
Features
- Flooring: Hardwood, Linoleum
Interior area
- Total structure area: 1,228
- Total interior livable area: 1,228 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 3 Acres
Details
- Additional structures: Barn(s), Metal Building, Storage, Woodshed
- Parcel number: 372308200005
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Stick Built
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $207,580
- Annual tax amount: $527
- Date on market: 5/15/2026
- Has irrigation water rights: Yes
Estimated market value
$291,500
$277,000 - $306,000
$1,705/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Contingent | $299,000$243/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $299,000$243/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $717 -21% | $13,900 -3.6% |
| 2023 | $908 +60.3% | $14,420 +65.7% |
| 2022 | $566 +7.4% | $8,700 -2.8% |
| 2021 | $527 +98.7% | $8,950 +5.2% |
| 2020 | $265 | $8,510 |
| 2019 | $265 +3356.3% | $8,510 +6991.7% |
| 2018 | $8 | $120 |
| 2017 | $8 +11% | $120 |
| 2016 | $7 -0.6% | $120 |
| 2015 | $7 +6.7% | $120 |
| 2014 | $7 | $120 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 81425
Nearby schools
GreatSchools rating
- 4/10Olathe Elementary SchoolGrades: PK-5Distance: 2.2 mi
- NAOlathe Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Olathe High SchoolGrades: 6-12Distance: 2.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Montrose County
- Olathe
- 81425
- 5274 5700 Road




