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  • Price cut: $30K (8/15)
    $645,000

    68238 Miami Road, Montrose, CO 81401

    3beds
    2,440sqft
    : 
    $4,088/mo
    Get pre-qualified
    Stick Built
    Built in 1955
    3.63 Acres Lot
    $600,800 Zestimate®
    $264/sqft
    $-- HOA

    What's special

    Generous living spaces
    This 3.63-acre property includes 4.3 shares of irrigation water that is shared with just one neighbor. The 2,440 sq.ft. home, originally built in 1955, carries the charm of its era while offering generous living spaces and practical updates. This includes an ADU that could be used for a relative, renter or just extra living. Inside, you’ll find 3 bedrooms and 3 bathrooms, 2 large living areas, and a layout that feels welcoming from the moment you step in. The east side of the house has a +/- 563 sq.ft. room (ADU) that can be locked off from the rest of the dwelling. It has a separate entrance, a bathroom (one of the three bathrooms in the house), a kitchenette and a large living room. A detached 2-car garage provides everyday convenience, but the real standout is the impressive +/- 1,870 sq.ft. shop, complete with a large storage mezzanine and a composting toilet. Whether you’re a craftsman, mechanic, hobbyist, or need serious storage, this shop delivers!! With a convenient rural location with quick access to town, this is the kind of property that rarely comes available—land, water, a solid home, and an exceptional outbuilding all in one package. Perfect for those who want space to spread out without sacrificing convenience. The shop was previously zoned commercial but owner made entire property residential. This can be changed back to commercial. There is also a paid electrical service at the shop that only needs to be connected. The shop was previously 100% solar and is heated with the solar system at this time. This building can be accessed off of Highway 50 so could be a store, shop, or other commercial enterprise. This property has so many possibilities. The irrigated field is now used as pasture so also ideal if someone wanted to have animals.
    167 days
    124
    3

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Scharf 970-209-2352,

    Phelps Real Estate Group,

    Marjorie Phelps 970-209-7751,

    Phelps Real Estate Group

    Source: CREN,MLS#: 833469MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Dining room
      • Features: Kitchen/Dining
      Heating
      • Hot Water Baseboard
      Appliances
      • Included: Range, Refrigerator
      Features
      • Flooring: Carpet-Partial, Hardwood, Vinyl
      • Basement: Crawl Space
      Interior area
      • Total structure area: 2,440
      • Total interior livable area: 2,440 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Irrigation Water, Landscaping
      Lot
      • Size: 3.63 Acres
      • Features: Pasture
      Details
      • Additional structures: Garage(s), Metal Building, Workshop
      • Parcel number: 376930200081
      • Zoning description: Agriculture
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Masonite
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Internet, Natural Gas Connected

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $264/sqft
      • Tax assessed value: $625,790
      • Annual tax amount: $2,717
      • Date on market: 4/10/2026
      • Has irrigation water rights: Yes
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $600,800

        $571,000 - $631,000

        $2,538/mo

        Price history

        DateEventPrice
        8/15/2026Price change$645,000-4.4%$264/sqft
        Source: CREN #833469 Report a problem
        4/10/2026Listed for sale$675,000+92.6%$277/sqft
        Source: CREN #833469 Report a problem
        7/14/2014Listing removed$1,500$1/sqft
        Source: CSC Properties, LLC Report a problem
        6/11/2014Listed for rent$1,500$1/sqft
        Source: CSC Properties, LLC Report a problem
        1/4/2006Sold$350,400$144/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,756 -19.8%$41,930 -14.8%
        2023$3,435 +37.6%$49,210 +41.7%
        2022$2,497 -35%$34,720 -2.8%
        2021$3,841 -0.6%$35,730 -36.7%
        2020$3,865 $56,490
        2019$3,865 +10.7%$56,490 +13.6%
        2018$3,492 +0.8%$49,740
        2017$3,464 $49,740 +2.9%
        2016$3,464 +6.5%$48,340
        2015$3,254 +5.8%$48,340 -1%
        2014$3,076 +0.8%$48,850
        2013$3,052 -3.9%$48,850 -9%
        2012$3,175 $53,680
        2011-- $53,680
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 81401

        Getting around

        3 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Johnson K-5
        • Middle: Centennial 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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