This 3-acre property in Montrose County offers the space and infrastructure needed for a working farm, horse setup, or anyone needing room for equipment and storage. It includes irrigation water, a climate-controlled onion shed, three silos that generate annual income, and a large shop suitable for vehicles, tools, or ag use. The 4-bedroom, 2.5-bath home features a functional layout with two living areas, a spacious kitchen, and a private primary suite. One of the secondary bedrooms is oversized, featuring a walk-in closet, and offers flexibility for a guest space, game room, or office. Outside, the property is fully fenced and includes mature shade trees, two patios for outdoor living, and a full-size arena that is ideal for horses or livestock. Located between Delta and Montrose with no covenants, this is a rare find offering utility, comfort, and income potential in a convenient rural setting.
For sale
Price cut: $10K (1/8)
$560,000
54481 Banner Rd, Delta, CO 81416
4beds
2,004sqft
Est.:
Single Family Residence
Built in 1945
3 Acres Lot
$551,800 Zestimate®
$279/sqft
$-- HOA
What's special
Mature shade treesIrrigation waterPrivate primary suiteSpacious kitchenClimate-controlled onion shed
- 69 days |
- 1,290 |
- 45 |
Zillow last checked: 8 hours ago
Listing updated: February 18, 2026 at 03:46pm
Listed by:
eXp Realty, LLC
Source: eXp Realty,MLS#: 829489Originating MLS: Other Unspecificed
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Propane
Cooling
- Evaporative Cooling
Appliances
- Included: Electric Water Heater
Features
- Main Level Primary
- Flooring: Partially Carpeted, Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,004
- Total interior livable area: 2,004 sqft
- Finished area above ground: 2,004
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Exterior features: Propane Tank Owned
- Fencing: Chain Link
Lot
- Size: 3 Acres
- Dimensions: 175.09 x 775.37
Details
- Additional structures: Arena, Garage(s), Shed(s)
- Parcel number: 349326300006
- Zoning description: Residential Single Family
- Horse amenities: Arena
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Available, Propane
Community & HOA
Community
- Subdivision: Olathe West
HOA
- Has HOA: No
Location
- Region: Delta
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $545,880
- Annual tax amount: $2,292
- Date on market: 10/24/2025
- Cumulative days on market: 129 days
- Listing agreement: Exclusive Right To Sell
- Has irrigation water rights: Yes
- Road surface type: Paved
Estimated market value
$551,800
$524,000 - $579,000
$1,972/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Price change | $560,000-1.8%$279/sqft |
Source:  CREN #829489 Report a problem | ||
| 11/11/2025 | Price change | $570,000-1.7%$284/sqft |
Source: CREN #829489 Report a problem | ||
| 10/24/2025 | Listed for sale | $580,000+22.1%$289/sqft |
Source: CREN #829489 Report a problem | ||
| 3/1/2023 | Sold | $475,000-5%$237/sqft |
Source: Public Record Report a problem | ||
| 1/16/2023 | Listed for sale | $499,900$249/sqft |
Source: CREN #799848 Report a problem | ||
| 12/30/2022 | Contingent | $499,900$249/sqft |
Source: CREN #799848 Report a problem | ||
| 12/2/2022 | Listed for sale | $499,900$249/sqft |
Source: CREN #799848 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,537 -4.1% | $36,570 -13.7% |
| 2023 | $2,645 +29.5% | $42,360 +37.4% |
| 2022 | $2,042 +7.3% | $30,830 -5.3% |
| 2021 | $1,903 -0.7% | $32,550 +5% |
| 2020 | $1,917 | $30,990 |
| 2019 | $1,917 +2.1% | $30,990 +4.9% |
| 2018 | $1,877 +0.2% | $29,530 |
| 2017 | $1,873 | $29,530 -1.5% |
| 2016 | $1,873 +8.8% | $29,980 |
| 2015 | $1,722 -11.9% | $29,980 -17.8% |
| 2014 | $1,955 -0.2% | $36,460 |
| 2013 | $1,959 +8.3% | $36,460 +1.2% |
| 2012 | $1,808 | $36,040 |
| 2011 | -- | $36,040 |
| 2010 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,764/mo
Principal & interest
$2596
Property taxes
$168
Climate risks
Neighborhood: 81416
Nearby schools
GreatSchools rating
- 4/10Olathe Elementary SchoolGrades: PK-5Distance: 5.4 mi
- NAOlathe Middle SchoolGrades: 6-8Distance: 5.2 mi
- 5/10Olathe High SchoolGrades: 6-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Open Enrollment
- Middle: Delta 6-8
- High: Delta 9-12
Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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