New construction

Price cut: $10K (7/18)

$289,000

786 Margie Lane, Fort Garland, CO 81133

3beds

1,200sqft

$1,779/mo

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Single Family Residence

Built in 2020

15.57 Acres Lot

$275,000 Zestimate^®

$241/sqft

$-- HOA

What's special

Homesteader’s Dream on 15.57 Acres in the Sangre de Cristo Ranches! This brand new 3-bedroom, 2-bath ranch-style home offers modern comfort and wide-open space on a stunning 15.57-acre parcel, perfect for hobby homesteading. Enjoy mountain views and peaceful seclusion in a thoughtfully designed home featuring an open-concept layout, quality finishes, and tons of natural light. The property is loaded with homestead-ready amenities, including a 380’ well, a 12x20 shed with power, a 10x30 loafing shed for livestock, a 10x30 chicken barn with a 20x30 run, and a 10x20 well house with an attached greenhouse for year-round growing. Approximately 2 acres are already fenced for livestock, making this a turnkey setup for those ready to live off the land. Whether you’re seeking your forever home or a peaceful retreat with purpose, this property checks all the boxes for comfort, capability, and country charm’

86 days

904

89

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Bedroom

Level: Main

Bedroom

Level: Main

Bedroom

Features: Primary Suite
Level: Main

Bathroom

Features: Primary Suite
Level: Main

Bathroom

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Electric, Wood Stove

Cooling

None

Appliances

Included: Microwave, Oven, Range, Refrigerator, Washer

Features

Flooring: Laminate, Wood
Has basement: No
Number of fireplaces: 1
Fireplace features: Free Standing

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft
Finished area above ground: 1,200

Property

Parking

Total spaces: 10

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck, Front Porch
Exterior features: Garden
Has view: Yes
View description: Meadow, Mountain(s), Plains

Lot

Size: 15.57 Acres
Features: Secluded

Details

Parcel number: 70211511
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Mountain Contemporary
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

New Construction
New construction: Yes
Year built: 2020

Utilities & green energy

Water: Well

Community & HOA

Community

Subdivision: Sangre De Cristo Ranches

HOA

Has HOA: No

Location

Region: Fort Garland

Financial & listing details

Price per square foot: $241/sqft
Tax assessed value: $215,491
Annual tax amount: $212
Date on market: 5/14/2026
Listing terms: 1031 Exchange,Cash,Conventional,FHA,USDA Loan,VA Loan
Exclusions: Sellers Personal Propety
Ownership: Individual
Road surface type: Dirt

Estimated market value

$275,000

$261,000 - $289,000

$2,306/mo

Price history

Date	Event	Price
7/18/2026	Price change	$289,000-3.3%$241/sqft
Source: REcolorado as distributed by MLS GRID #7709089 Report a problem
5/14/2026	Listed for sale	$299,000-3.2%$249/sqft
Source: REcolorado as distributed by MLS GRID #7709089 Report a problem
4/18/2026	Listing removed	$309,000$258/sqft
Source: CREN #833249 Report a problem
12/26/2025	Price change	$309,000-7.8%$258/sqft
Source: CREN #827054 Report a problem
8/22/2025	Price change	$335,000-6.7%$279/sqft
Source: CREN #827054 Report a problem
7/29/2025	Listed for sale	$359,000$299/sqft
Source: CREN #827054 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,151 +617.7%	$14,437 -16.5%
2023	$160 +0.3%	$17,284 +825.3%
2022	$160	$1,868
2021	--	$1,868 +42.4%
2020	--	$1,312
2019	--	$1,312 -60.9%
2018	$223	$3,358
2017	$223 +0.2%	$3,358
2016	$222	$3,358
2015	$222 +56.3%	$3,358 +57.2%
2014	$142	$2,136
2013	$142	$2,136 -31.8%
2012	--	$3,132
2011	$202 -1.7%	$3,132 +2.9%
2010	$206	$3,045

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 81133

Getting around

0 / 100

Car-Dependent

24 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Sierra Grande School
Grades: PK-12Distance: 6.8 mi

Schools provided by the listing agent

Elementary: Sierra Grande
Middle: Sierra Grande
High: Sierra Grande
District: Sierra Grande R-30

Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.