This stunning 51.42-acre equestrian property is a turn-key haven for horse lovers, trainers, or anyone seeking a private rural lifestyle. Fully fenced and cross-fenced, it is set back from the highway for privacy. The land is thoughtfully developed for both equine care and agricultural productivity, with substantial riding trails. At the heart of the ranch is a 5,000-square-foot insulated barn with a tack room and half bath, and two stalls. It is surrounded by pipe corrals with automatic waterers, a working roping chute, and a three-speed electric horse walker. There are 5 frost free water taps strategically located for convenience. Additional outbuildings include an 1,800-square-foot pole barn with insulated storeroom, a large hay barn, a bunkhouse apartment, workshop, and a carport with an attached chicken coop. The property includes 43.2 shares of UVWUA water, underground irrigation, and gated pipe—allowing you to raise your own feed and support hay and crop production. With correct watering and fertilizer, the property can yield 4,000 65lb grass hay bales annually. Four double automatic water troughs provide abundant water for livestock across the estate. The lodge-style home, custom built by owner/builder offers three bedrooms and two bathrooms, with log and wood accents, a tongue-and-groove aspen ceiling, and an open layout that centers around a gourmet kitchen. The primary suite includes a walk-in closet and a tub-shower combo, while the guest rooms share a convenient Jack-and-Jill bath with double sinks. Large bay windows, both north and south, along with other large windows offer stunning views of the surrounding pastures and mountains. A fully stocked, year-round pond with bass, catfish, crappie, and trout adds to the property’s charm. The island in the middle is home to a canadian goose couple who have raised their little family there for many years. With excellent infrastructure, abundant water, and room to raise your own feed, this exceptional estate offers everything needed for a working ranch, training facility, or peaceful equestrian retreat in the heart of Colorado mountains.
Active
Price cut: $350K (7/23)
$1,285,000
59023 Hwy 50, Olathe, CO 81425
4beds
2,592sqft
Est.:
Stick Built
Built in 1993
51.42 Acres Lot
$898,200 Zestimate®
$496/sqft
$-- HOA
What's special
Lodge-style homeFully stocked year-round pondThree-speed electric horse walkerBunkhouse apartmentTongue-and-groove aspen ceilingLarge hay barnWorking roping chute
- 155 days
- on Zillow |
- 303 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 11:09am
Listed by:
Doug Phillips 970-209-0135,
Norris-Phillips Real Estate, LLC,
Mandy Powell 970-209-6326,
Norris-Phillips Real Estate, LLC
Source: CREN,MLS#: 821794

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
Dining room
- Features: Kitchen Bar, Kitchen/Dining
Cooling
- Evaporative Cooling, Ceiling Fan(s)
Appliances
- Included: Trash Compactor, Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: W/D Hookup
Features
- Ceiling Fan(s), Guest Quarters, Mud Room, Sun Room
- Flooring: Carpet-Partial, Laminate, Tile
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Pellet Stove
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Porch, Patio
- Exterior features: Irrigation Pump, Irrigation Water
- Has view: Yes
- View description: Mountain(s), Valley
- Has water view: Yes
- Water view: Lake/Pond/Reservoir
- Waterfront features: Pond
- Frontage length: 150'+ Frontage
Lot
- Size: 51.42 Acres
- Features: Other, Pasture
Details
- Additional structures: Barn(s), Garage(s), Guest House, Metal Building, RV/Boat Storage, Shed(s), Workshop, Shed/Storage
- Parcel number: 372303202001
- Horses can be raised: Yes
- Horse amenities: Arena, Corral(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log
- Property subtype: Stick Built
Materials
- Log Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $496/sqft
- Tax assessed value: $538,380
- Annual tax amount: $3,813
- Date on market: 3/8/2025
- Has irrigation water rights: Yes
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