Completed in 2023, this one-of-a-kind Western Colorado property combines modern construction, strong water resources, and a highly livable rural lifestyle in one rare offering. Located near Olathe, the property spans approximately 77.08 acres and offers privacy, mature trees, multiple ponds, and over a mile of year-round creek frontage—an increasingly valuable combination in today’s dry conditions. The home offers approximately 3,980 square feet with 3 bedrooms, 3.5 bathrooms, and two additional office spaces that could easily be used as bedrooms. Built for longevity and efficiency, the home features 6-inch ICF concrete exterior walls, a 50-year metal roof, and a full stucco and metal exterior finish. Inside, the home features custom cabinets, quartz countertops, a large 6x6 kitchen island, gas cooktop with double ovens, pot filler, double convertible fridge/freezer units, and a hidden walk-in pantry. Knotty alder doors, cedar trim milled in Montrose, recessed lighting throughout, and a wood-burning stove bring a clean, warm finish to the living space. Comfort is handled by individual mini-split climate systems in every room, along with on-demand propane hot water and modern smart lighting. Upstairs includes a theater/family room and two additional office or bedroom spaces, providing flexibility for guests, extended family, or working from home. Outdoor living is just as impressive. The property includes covered porches, a heated swim spa, saltwater pool with sand beach area, pergola with swings and firepit, and a sand volleyball court—creating a setting that is equally suited for entertaining, relaxing, or everyday life on the Western Slope. The land is a standout, with a 53-tree irrigated orchard, ½ acre garden with drip irrigation, berries, grape vines, and room for expansion. Water is a defining feature of this property, with approximately 38 shares of Uncompahgre Valley Water, multiple springs, ponds, year-round creek frontage, and irrigation infrastructure already in place—offering a level of usability and long-term value that is difficult to find. Additional features include: ½ acre spring-fed duck and fish pond with hunting blind Walking and ATV trails throughout the property Large mature trees and mulberry groves Insulated 16x20 outbuilding with power Multiple frost-free hydrants Two 200-amp power services plus additional power for future shop Backup generator ready for installation The property has been recently surveyed and offers multiple additional building sites, allowing room to expand with additional homes, barns, or shops. This is a rare opportunity to own a thoughtfully built custom home with productive irrigated acreage, significant water features, and the kind of privacy, recreation, and everyday comfort that defines Western Colorado living. Home can be offered mostly furnished, and select farm equipment may also be available for a turnkey setup. Check out the video and 3D tour!
Active
Price cut: $150K (4/17)
$1,844,000
55347 Begonia Road, Olathe, CO 81425
3beds
3,980sqft
Est.:
Farm, Agriculture, Mixed Use, Recreational, Residential/Single Family
Built in 2023
77.08 Acres Lot
$1,773,900 Zestimate®
$463/sqft
$-- HOA
What's special
Mature treesMultiple pondsModern smart lightingSand volleyball courtCovered porchesWater featuresMultiple springs
- 48 days |
- 1,055 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Tyler Housley C:970-759-1290,
Whitetail Properties Real Estate LLC
Source: CREN,MLS#: 832452
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Cooling
- Ductless
Features
- Basement: Insulated
- Has fireplace: Yes
- Fireplace features: Den/Family Room, Free Standing, Wood Burning Stove
Interior area
- Total structure area: 3,980
- Total interior livable area: 3,980 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: Above Ground
- Fencing: Game Fence,Partial
- Has water view: Yes
- Water view: Lake/Pond/Reservoir,Stream/River
- On waterfront: Yes
- Waterfront features: Creek, Pond
Lot
- Size: 77.08 Acres
- Features: Boundaries Surveyed, Cleared, Pasture, Wooded
Details
- Additional structures: Equipment Shed
- Parcel number: 349325305002
- Zoning description: Agriculture,Residential Single Family
- Other equipment: Propane Tank-Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm, Agriculture, Mixed Use, Recreational, Residential/Single Family
Materials
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2023
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $662,480
- Annual tax amount: $3,533
- Date on market: 3/13/2026
- Has irrigation water rights: Yes
Estimated market value
$1,773,900
$1.69M - $1.86M
$3,898/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $1,844,000-7.5%$463/sqft |
Source: | ||
| 4/2/2026 | Price change | $1,994,000-18.6%$501/sqft |
Source: | ||
| 3/13/2026 | Price change | $2,449,000+13.9%$615/sqft |
Source: Whitetail Properties #209291 Report a problem | ||
| 3/13/2026 | Listed for sale | $2,149,500$540/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,179 -6.6% | $48,100 +29.7% |
| 2023 | $2,334 +1504.3% | $37,080 +1665.7% |
| 2022 | $145 +28.3% | $2,100 -8.7% |
| 2021 | $113 -26.7% | $2,300 +25.7% |
| 2020 | $155 | $1,830 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,636/mo
Principal & interest
$9083
Property taxes
$553
More affordability tools
Climate risks
Neighborhood: 81425
Nearby schools
GreatSchools rating
- 4/10Olathe Elementary SchoolGrades: PK-5Distance: 4.5 mi
- NAOlathe Middle SchoolGrades: 6-8Distance: 4.3 mi
- 5/10Olathe High SchoolGrades: 6-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Open Enrollment
- Middle: Open Enrollment
- High: Open Enrollment
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Montrose County
- Delta
- 81425
- 55347 Begonia Road





