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Sold for $1,100,000
    • $1,100,000

    5328 Highway 348, Olathe, CO 81425

    5beds
    6baths
    2,424sqft
    Single Family Residence
    Built in 1950
    12.28 Acres Lot
    $1,118,600 Zestimate®
    $454/sqft
    $3,012 Estimated rent

    Home value

    $1,118,600

    $1.05M - $1.20M

    $3,012/mo

    Zestimate® history
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    What's special

    Cozy fireplaceRv siteRecently upgraded irrigation systemOffice area
    Wedding Venue/Income Producing Property! A rare and stunning property located on 12.28 acres in the Southwest part of Colorado. This wedding venue offers a peaceful, elegant, rustic, and western setting. There are pieces placed throughout the property that add an extra special experience to your event. The “Red Barn” was built in 1910 and refurbished in 2018 for wedding and event use. In addition to many possible uses with the red barn, the property has a newly remodeled 1,448 sq/ft manufactured home that is used for AirBnB or VRBO purposes and for a Bride’s room and weekend stays for weddings. The 1950, 5 bed 3 bath home includes a cozy fireplace, a main level full master bedroom and bath, office area, an upstairs with 2 bedrooms, and a downstairs area for extra living space or a workshop. There is a building site on the South edge of the property with a water tap already in place, an RV site, and a recently upgraded irrigation system. This is a must-see income producing property.

    Zillow last checked:

    Listing updated:

    Listed by:

    OMAR RICHARDSON 719-530-8441,

    UNITED COUNTRY REAL COLORADO PROPERTIES

    Bought with:

    NON MEMBER

    GRAND JUNCTION AREA REALTOR ASSOC

    Source: GJARA,MLS#: 20251483

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Primary bedroom
    • Level: Main
    • Dimensions: Unknown
    Dining room
    • Level: Main
    • Dimensions: Unknown
    Family room
    • Level: Main
    • Dimensions: Unknown
    Kitchen
    • Level: Main
    • Dimensions: Unknown
    Laundry
    • Level: Main
    • Dimensions: Unknown
    Living room
    • Level: Main
    • Dimensions: Unknown
    Heating
    • Coal, Propane, Wood
    Cooling
    • None
    Appliances
    • Included: Built-In Oven, Dryer, Microwave
    Features
    • Kitchen/Dining Combo, Main Level Primary, Other, See Remarks
    • Basement: Other,See Remarks
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 2,424
    • Total interior livable area: 2,424 sqft

    Property

    Parking
    • Parking features: Detached, Garage
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Other, See Remarks
    • Fencing: Picket
    Lot
    • Size: 12.28 Acres
    • Features: Other, See Remarks
    Details
    • Additional structures: Barn(s), Guest House
    • Parcel number: 372512300017
    • Zoning description: Residential Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Three Story
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Siding, Wood Frame
    • Roof: Asphalt,Composition
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Olathe
    • Elevation: 5358

    Financial & listing details

    • Price per square foot: $454/sqft
    • Tax assessed value: $728,140
    • Annual tax amount: $3,853
    • Date on market: 4/9/2025

    Price history

    DateEventPrice
    1/2/2026Sold$1,100,000-8.3%$454/sqft
    Source: GJARA #20251483 Report a problem
    7/24/2025Pending sale$1,199,000$495/sqft
    Source: GJARA #20251483 Report a problem
    7/24/2025Contingent$1,199,000$495/sqft
    Source: CREN #822689 Report a problem
    6/12/2025Price change$1,199,000-4.1%$495/sqft
    Source: CREN #822689 Report a problem
    5/16/2025Price change$1,250,000-3.5%$516/sqft
    Source: CREN #822689 Report a problem
    4/8/2025Listed for sale$1,295,000-7.5%$534/sqft
    Source: CREN #822689 Report a problem
    12/31/2024Listing removed$1,400,000$578/sqft
    Source: CREN #811929 Report a problem
    11/23/2024Price change$1,400,000-15.2%$578/sqft
    Source: CREN #811929 Report a problem
    8/15/2024Price change$1,650,000-2.9%$681/sqft
    Source: CREN #811929 Report a problem
    3/27/2024Listed for sale$1,700,000$701/sqft
    Source: CREN #811929 Report a problem
    3/25/2024Listing removed--
    Source: CREN #802402 Report a problem
    8/28/2023Price change$1,700,000-8.1%$701/sqft
    Source: CREN #802402 Report a problem
    4/16/2023Listed for sale$1,850,000-15.9%$763/sqft
    Source: CREN #802402 Report a problem
    10/28/2022Listing removed--
    Source: IRES as distributed by MLS GRID #954017 Report a problem
    10/27/2021Listed for sale$2,200,000$908/sqft
    Source: IRES as distributed by MLS GRID #954017 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,853 -6.8%$63,550 -3.3%
    2023$4,137 +41.9%$65,720 +47%
    2022$2,916 +5.7%$44,700 -3%
    2021$2,759 +13.9%$46,100 +3.5%
    2020$2,424 $44,530
    Find assessor info on the county website

    Neighborhood: 81425

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Olathe
    • Middle: Olathe
    • High: Olathe

    Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,140,972

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