2 months on rocket

TBD 5400 Road, Olathe, CO, 81425

$795,000

94.19 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeAgriculture
ViewMountain(s), Valley
MLS #817516
Lot Size94.19 Acres
StatusActive

About TBD 5400 Road

Introducing Patterson Place Farm, a rare opportunity to own one of the Western Slope’s most fertile and historically productive farmlands. Spanning 94.19 acres, this historic property was originally homesteaded by the renowned Roatcap family and has consistently yielded abundant crops over generations. Located on California Mesa, southwest of Olathe, Colorado, this farm includes 53 acres of meticulously irrigated land renowned for its exceptionally fertile and productive soils, ideal for a variety of crops. The property benefits from extensive soil conservation practices implemented over many years. It is irrigated via gated pipe (included), drawing water from approximately 54 shares of the pristine Highline Canal managed by Uncompahgre Valley Water Users. This reliable irrigation system ensures continuous water supply, sustaining crops well into late fall and even during drought conditions. Situated at an altitude exceeding 5,500 feet, the farm enjoys an optimal climate for cultivating sweet corn, field corn, pinto beans, onions, potatoes, barley, wheat, oats, sunflowers, and alfalfa. Livestock have thrived on this land, and its fertile soil makes it a prime Western Colorado Farm Property. The property features a picturesque hilltop encompassing approximately 40 acres, offering stunning views over 50 miles of local mountain ranges. This elevated area presents potential building sites for one or more homes, complemented by a nearby wetlands area that attracts diverse wildlife. Views from the property include the San Juan and West Elk Mountain Ranges, Black Canyon, Grand Mesa, and the Uncompahgre Plateau, enhancing its appeal as both a productive farm and a scenic retreat. Nestled beneath the Uncompahgre Plateau, with nearby BLM land, the property serves as a sanctuary for wildlife such as mule deer, elk, bear, and pheasant, offering ample opportunities for hunting and outdoor recreation. Trophy bucks have been spotted in the vicinity, further highlighting the area’s natural beauty and diversity. This exceptional farm parcel invites exploration and promises endless possibilities for agricultural innovation and rural living. Whether as a productive farm, a private retreat, or a combined venture, Patterson Place Farm awaits your vision. Come and experience the richness of this land firsthand!

Property Details

Property Features

Listing Office:

  • Office Name: United Country Colorado Brokers, Inc.
  • Listing Agent: Gary Hubbell

Exterior Features

Exterior Information:

  • View: Mountain(s), Valley

Lot Features

Lot Information:

  • Lot Size: 94.19 Acres

Other

Directions Information:

  • Directions: From town of Olathe, head West on Highway 348. Continue until the intersection with 5500 road, and turn left to head south. Continue South until you see Falcon road on the right. Turn right on the gravel road, follow this for approximately a mile until you see 5400 road on your right. Then the property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
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Housing Market Comparison

See how this home compares to others in Olathe, CO.

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Olathe, CO

City

Med. List Price

$584.5K

Med. Price/SqFt

$280

Avg. Days On Market

155

TBD 5400 Road vs Olathe

83 DAYS ON ROCKET

-72 Days

$795,000

+$210.5K More

KEY TAKEAWAY

This property is $210.5K more than the Median List Price in Olathe, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #817516

Listing Office:

  • Office Name: United Country Colorado Brokers, Inc.
  • Listing Agent: Gary Hubbell

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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Last updated on: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-234252
4
/10

  • Olathe Elementary School

  • 326 N 3rd St

  • 4.85 miles

  • Public District Grades KG-5

school-card-donut-234253
4
/10

  • Lincoln Elementary School

  • 1050 Hastings St

  • 9.41 miles

  • Public District Grades KG-5

school-card-donut-234254
4
/10

  • Garnet Mesa Elementary School

  • 600 A St

  • 9.83 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,595. The majority of Olathe, CO residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD 5400 Road

What is the listing price of this property?

The listing price of TBD 5400 Road property is $795,000.

What type of property is this?

The property TBD 5400 Road is land located in Olathe, Colorado, 81425.

Is this property for sale now?

Active Listing: TBD 5400 Road is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property TBD 5400 Road is 94.19 acres.
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Rocket Homes›Colorado›Montrose County›Olathe›81425›TBD 5400 Road

This home is located at TBD 5400 Road in Olathe, CO and zip code 81425. This home sits on a 94.19 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $795,000.

While the average time on the market in October 2024 was 155 days, the median list price was $584,500.

From Rocket Homes Real Estate and based on county public records data.

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