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  • Price cut: $200K (4/25)
    $999,999

    TBD Oxbow Drive, Montrose, CO 81401

    --beds
    --baths
    1.74Acres
    Unimproved Land
    Built in ----
    1.74 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Tremendous Development Opportunity - Prime 1.7-acre development site in Montrose, Colorado—shovel-ready with a city-approved permit for a 26-unit apartment complex with two main-level commercial spaces. Ideally located across from the Montrose Recreation Center and within walking distance of shops, restaurants, an elementary school, and the bike path. Build where lifestyle meets opportunity in this growing community known for year-round outdoor recreation, milder Colorado weather, and 350+ days of sunshine. Building permit, issued under the 2023 code, must be picked up by February 2026. Don’t miss this exceptional investment—call today!
    269 days
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    10
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Carroll 970-258-9300,

    NextHome Virtual

    Source: CREN,MLS#: 829430MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 1.74 Acres
      • Features: Cleared, Corner Lot
      • Topography: Level
      Details
      • Parcel number: 399304318001
      • Zoning description: Business

      Utilities & green energy

      • Sewer: Sewer Tap Available
      • Water: Public, Tap Available
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Montrose

      Financial & listing details

      • Annual tax amount: $15,426
      • Date on market: 10/23/2025
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,580/mo

        Price history

        DateEventPrice
        4/25/2026Price change$999,999-16.7%
        Source: CREN #829430 Report a problem
        10/23/2025Listed for sale$1,200,000+336.4%
        Source: CREN #829430 Report a problem
        8/24/2021Sold$275,000-18.9%
        Source: Agent Provided Report a problem
        1/19/2021Listing removed--
        Source: CREN Report a problem
        8/27/2020Listed for sale$339,000
        Source: Colorado Real Estate Network, Inc. #773885 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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: 81401

        Getting around

        51 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cottonwood K-5
        • Middle: Columbine 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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