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$1,299,999
Est. payment /mo
8 Beds
8 Baths
4,860 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Stick Built
Listing Status Active
Purchase Type For Sale
Square Footage 4,860 sqft
Price per Sqft $267
MLS Listing ID 836354
Style Modern
Bedrooms 8
Full Baths 4
Three Quarter Bath 4
Year Built 2022
Annual Tax Amount $6,191
Tax Year 2025
Lot Size 40.000 Acres
Acres 40.0
Property Sub-Type Stick Built
Property Description
Live in one. Rent the other three. Four custom guest houses on 40 acres west of Olathe — an established short-term rental compound with the owner's residence already built in. Constructed in 2021 by Kuboske Construction, recognized among the premier builders in the Montrose and Telluride area. Each home has two bedrooms and two baths — two at 1,242 square feet, two at 1,188 — and all four have operated as short-term rentals on Airbnb and VRBO since completion. Furnishings convey; the operation transfers intact. The homes sit above the expansive Berkeley Estates, looking out over vineyards, greenhouses, open meadows, cornfields, and cottonwood-lined waterways. Views run to the West Elks to the east, the San Juans above Ridgway to the south, and the Grand Mesa to the north. The parcel borders BLM land on two sides, opening directly onto the Uncompahgre Plateau and many thousands of acres of BLM and Forest Service ground — 4-wheeling, hunting, hiking, and horseback riding in Game Management Unit 62. Access is by maintained gravel road and a bridge across the CQ lateral. Montrose and its regional airport are a short drive. Telluride, Ridgway, Ouray, and the Black Canyon of the Gunnison are all within reach — the recreation corridor that has driven demand here since the cabins opened. Three years of Airbnb and VRBO operating history, documented through QuickBooks, with platform earnings exports available. Financials furnished to interested buyers upon request. A rare chance to own a piece of Western Colorado that pays part of its own way.
Location
State CO
County Montrose
Area Olathe
Zoning Agriculture
Interior
Furnishings Furnished
Exterior
Waterfront Description Seasonal Stream/Spring
Building
Story Two Story
New Construction No
Schools
Elementary Schools Olathe K-5
Middle Schools Olathe 6-8
High Schools Olathe 9-12
Others
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Listed by United Country Colorado Brokers, Inc.
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