Nelson Farm offers 2.5 acres in the Olathe area of Colorado and practical improvements come together in a part of the Uncompahgre Valley long known for farming and livestock use. This is the kind of property that can support production, animal use, and full-time country living without forcing a buyer to choose one over the other. Key Features: •Residence: 5,802± square foot, 5 bedroom, 3 bathroom farmhouse. •Shop: Fully insulated 50’ x 125’ red-iron shop with large overhead doors. Beyond the field production, the supporting improvements add real day-to-day function. The property includes a pond, year-round water, a loafing shed with tack room, a chicken coop, a large lawn with a full sprinkler system, and a spacious parking area. The 50’ x 125’ fully insulated red-iron shop is one of the stronger utility features on the place, with four 14’ x 18’ insulated overhead doors, loft storage, a half bath, three-phase power, 220 power, a wood stove, and a negotiable two-post car lift. It is a building that supports real work, storage, equipment use, and flexibility for whatever direction the next owner takes the property. The residence is substantial. The home offers 5,802± square feet and began as a 1950s farmhouse, with a major addition completed in 2005. The result is a house with scale, multiple gathering spaces, and a layout that supports both everyday living and larger family use. The southern great room is anchored by a cathedral ceiling, floor-to-ceiling stone fireplace, large windows, stained concrete floors, and direct access to a large concrete patio built for outdoor use and entertaining. A second living room on the north side of the house adds another common area, with more large windows, a tongue-and-groove ceiling, and a wood stove with stacked stone surround. Above that space is an approximately 400± square foot office, reached by a locally crafted semi-spiral Italian metal staircase. The office includes hardwood flooring, oak cabinetry, and a balcony overlooking the great room below. The kitchen carries a more custom feel, with stainless finishes, two islands, bar seating, a prep sink, a commercial-grade gas range set into a brick surround, a single and double dishwasher, and layered lighting. It is a house that was built to be used, with enough room and enough infrastructure to handle daily life, guests, and the movement that comes with a working property. The bedroom wing includes a large primary suite with access to the back patio, along with a bathroom that includes dual sinks, a glassed-in shower with travertine tile, and a jetted soaking tub. Off that same hallway are four additional bedrooms, and 2 additional bathrooms, along with a third living area and a large storage room. The home also includes two air conditioning units and three propane tanks.
Active
Price cut: $1M (8/26)
$995,000
55532 Dalia Road, Olathe, CO 81425
5beds
5,802sqft
Stick Built
Built in 1954
2.64 Acres Lot
$942,000 Zestimate®
$171/sqft
$-- HOA
What's special
- 37 days
- 184
- 18
Zillow last checked:
Listing updated:
Listed by:
Chase Girard C:970-729-2399,
M4 Ranch Group, LLC,
Payton Craft 970-417-8428,
M4 Ranch Group, LLC
Source: CREN,MLS#: 838436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Eat-in Kitchen
Heating
- Radiant Floor, Wood Stove
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Double Oven, Microwave, Washer
Features
- Cathedral Ceiling(s), Ceiling Fan(s)
- Flooring: Hardwood
Interior area
- Total structure area: 5,802
- Total interior livable area: 5,802 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached Garage
- Garage spaces: 6
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.64 Acres
Details
- Parcel number: 372512104001
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Stick Built
Materials
- Solid Masonry, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Engineered Septic
- Water: Public
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $1,325,720
- Annual tax amount: $5,370
- Date on market: 8/26/2026
Estimated market value
$942,000
$895,000 - $989,000
$4,242/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $995,000-50.2%$171/sqft |
Source: | ||
| 6/16/2026 | Listed for sale | $1,999,000+48.1%$345/sqft |
Source: REALSTACK #110495 Report a problem | ||
| 8/11/2024 | Listing removed | -- |
Source: | ||
| 2/15/2024 | Listing removed | $1,350,000$233/sqft |
Source: | ||
| 8/14/2023 | Listed for sale | $1,350,000-32.5%$233/sqft |
Source: | ||
| 7/1/2023 | Listing removed | -- |
Source: | ||
| 7/28/2022 | Listing removed | $1,999,000$345/sqft |
Source: | ||
| 7/14/2022 | Listed for sale | $1,999,000+59.9%$345/sqft |
Source: | ||
| 12/18/2021 | Listing removed | -- |
Source: | ||
| 7/29/2021 | Listing removed | $1,250,000-9.7%$215/sqft |
Source: | ||
| 6/19/2021 | Listed for sale | $1,385,000$239/sqft |
Source: | ||
| 6/18/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/7/2021 | Listed for sale | $1,385,000+2726.5%$239/sqft |
Source: Owner Report a problem | ||
| 6/1/1993 | Sold | $49,000$8/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $88,820 -3.6% |
| 2023 | $5,800 +39.6% | $92,140 +44.3% |
| 2022 | $4,155 +6.7% | $63,860 -2.8% |
| 2021 | $3,893 -0.7% | $65,690 +4.6% |
| 2020 | $3,919 | $62,830 |
| 2019 | $3,919 +1.3% | $62,830 +4.1% |
| 2018 | $3,868 +0.2% | $60,330 |
| 2017 | $3,860 | $60,330 +1.1% |
| 2016 | $3,860 +11.6% | $59,680 |
| 2015 | $3,460 +16.6% | $59,680 +8.9% |
| 2014 | $2,967 -0.2% | $54,780 |
| 2013 | $2,973 -2.5% | $54,780 -8.9% |
| 2012 | $3,050 | $60,110 |
| 2011 | -- | $60,110 |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 81425
Nearby schools
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.




