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For sale
  • $1,600,000

    53520 Falcon Rd, Olathe, CO 81425

    8beds
    4,860sqft
    : 
    Single Family Residence
    Built in ----
    40 Acres Lot
    $-- Zestimate®
    $329/sqft
    $-- HOA

    What's special

    Four Modern Guest Homes on 40 Acres with Stunning Amenities Nestled on 40A± serene acres in Colorado's Western Slope, this exceptional property features four beautifully designed guest homes perfect for short-term rentals, multi-family use, or hosting guests in a peaceful country setting. Built in 2021 by renowned custom builder Kuboske Construction, these homes combine modern comforts with rustic charm, offering an ideal retreat just minutes from Olathe, Montrose, and Delta. The homes are located on 40 acres on the southern end of the ranch, accessible via a scenic drive over a new bridge crossing the UVWUA canal. This private, peaceful location is ideal for guests seeking a country escape, yet remains close to amenities in nearby towns. Key Features Four Guest Homes: Two floor plans—1,242 square feet and 1,188 square feet—each with 2 bedrooms and 2 bathrooms. Proven Short-Term Rental Success: These homes have been highly successful as short-term rentals, performing exceptionally well on platforms like Airbnb, benefiting from Montrose County's favorable short-term rental climate. Modern Comforts: Mini-split heating and cooling systems for year-round climate control. Outdoor Relaxation: Concrete patios with private hot tubs, fire pits, and beautiful views. Utilities: Tri-County domestic water taps, and individual engineered septic systems for each home. Scenic Setting: Situated on 40 acres with its own private access, including a newly constructed bridge over the UVWUA canal. Colorado Guest Homes & Short Term Rental Property Highlights Each home is thoughtfully designed with high-quality finishes and functional layouts. The two different floor plans provide comfortable living spaces, each featuring two bedrooms and two bathrooms. Open-concept kitchens and living areas make these homes ideal for relaxing or entertaining. The outdoor spaces are equally inviting, with concrete patios overlooking the surrounding landscape. Each home is equipped with a private hot tub and a fire pit, creating the perfect spot for guests to unwind under the starry Colorado skies. Montrose County & Short Term Rentals Montrose County is known for its supportive short-term rental climate, offering a streamlined permitting process and a thriving demand for rural vacation properties. These guest homes have proven to be highly successful as short-term rentals, consistently delivering excellent occupancy rates and strong financial performance on platforms like Airbnb. The peaceful, private setting and modern amenities make these properties especially appealing to travelers seeking unique accommodations in a stunning Colorado location. Utility infrastructure is top-notch, with Tri-County domestic water and individual septic systems for each home. The mini-split heating and cooling systems ensure energy efficiency and comfort in all seasons. Whether you're looking to expand a short-term rental business, accommodate guests, or enjoy multi-family living, this offering is a rare opportunity. With their exceptional design, modern amenities, and proven rental income, these guest homes are a standout feature of the property. Schedule a showing today to experience these incredible homes and the surrounding 40 acres!
    200 days
    |
    260
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listed by:

    Gary Hubbell,

    United Country Colorado Brokers 970-250-9396

    Source: REALSTACK,MLS#: 76091

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Features
      • Has basement: No
      Interior area
      • Total structure area: 4,860
      • Total interior livable area: 4,860 sqft
      Video & virtual tour

      Property

      Lot
      • Size: 40 Acres
      Details
      • Parcel number: 372522100014

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence

      Community & HOA

      Location
      • Region: Olathe

      Financial & listing details

      • Price per square foot: $329/sqft
      • Tax assessed value: $1,297,890
      • Annual tax amount: $5,595
      • Date on market: 9/11/2025
      • Lease term: Contact For Details
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,571/mo

        Price history

        Price history
        DateEventPrice
        11/11/2025Price change$4,000,000+150%$823/sqft
        Source: CREN #820961 Report a problem
        9/11/2025Price change$1,600,000-66%$329/sqft
        Source: REALSTACK #76091 Report a problem
        5/28/2025Price change$4,699,000-11.3%$967/sqft
        Source: CREN #820961 Report a problem
        2/4/2025Listed for sale$5,295,000$1,090/sqft
        Source: CREN #820961 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$5,595 -0.5%$87,280 -3.6%
        2023$5,622 $90,510 +212.8%
        2022-- $28,940 +6477.3%
        2021$23 $440

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $8,687/mo
        Principal & interest
        $8207
        Property taxes
        $480
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          Climate risks

          Neighborhood: 81425

          Getting around

          0 / 100
          Car-Dependent
          16 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 81425

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