Build-ready acreage, South of Montrose, Tap Paid, Livestock-tight, Platted Lot. Much of the groundwork is already in place to help you bring your vision to life, whether that means a custom home, shop, 4-H animals, or all three! Lot 2 of the Mulkey Minor Subdivision — a legally platted, surveyed building lot with corners pinned. Attractive features included: ---Tri-County water tap paid and assigned to the parcel — an $8,000 value. No well permit, no drilling, no dry-hole risk, no waiting on district capacity. ---DMEA electric at the property boundary — no line extension required; connection at buyer's expense. ---WATER! 3.1 UVWUA irrigation shares, delivered laterally at the south end, with a ditch along the west boundary. ---Livestock-tight perimeter fencing — this land hosted grazing cattle this summer. ---No covenants, no HOA. Zoned agricultural — build your home, your shop, and keep 4-H animals or other livestock. ---Currently assessed agricultural, keeping carrying costs low while you plan and build. (Buyer must maintain qualifying agricultural use to retain the classification) ---Engineering site analysis on file — favorable percolation soils (5–15 min/inch), low radon (1.6 pCi/L), no flood, landslide, rockfall, or significant seismic hazard identified. Full report available to review. ---Level grass pasture, gentle 2% grade; Beautiful San Juan Mountain views! ---Screened from the neighboring property by mature trees along the upper end. Quiet gravel county road just off Highway 550, 2.5 miles to Walmart, roughly 4 miles south of the heart of Montrose, 30 minutes to Ouray, and just an hour to Telluride. ---Shared driveway easement recorded; seller will install the shared portion of the gravel driveway after closing at the seller's expense.
Active
Price cut: $30K (8/26)
$245,000
TBD Riverside RD, Montrose, CO 81401
--beds
--baths
3.12Acres
Unimproved Land
Built in ----
3.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Partially fenced
- 227 days
- 76
- 4
Zillow last checked:
Listing updated:
Listed by:
Shane Daly 970-596-0225,
Phelps Real Estate Group
Source: CREN,MLS#: 831286
Facts & features
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 3.12 Acres
- Topography: Level
Details
- Parcel number: 399315204002
- Zoning description: Agriculture
- Horses can be raised: Yes
Utilities & green energy
- Sewer: None
- Water: Tap Installed, Tap Paid
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Montrose
Financial & listing details
- Date on market: 1/29/2026
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $245,000-10.9% |
Source: | ||
| 6/25/2026 | Price change | $275,000-8% |
Source: | ||
| 1/29/2026 | Listed for sale | $299,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 81403
Nearby schools
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.






