Description
Live in one. Rent the other three. Four custom guest houses on 40 acres west of Olathe - an established short-term rental compound with the owner's residence already built in. Constructed in 2021 by Kuboske Construction, recognized among the premier builders in the Montrose and Telluride area. Each home has two bedrooms and two baths - two at 1,242 square feet, two at 1,188 - and all four have operated as short-term rentals on Airbnb and VRBO since completion. Furnishings convey; the operation transfers intact. The homes sit above the expansive Berkeley Estates, looking out over vineyards, greenhouses, open meadows, cornfields, and cottonwood-lined waterways. Views run to the West Elks to the east, the San Juans above Ridgway to the south, and the Grand Mesa to the north. The parcel borders BLM land on two sides, opening directly onto the Uncompahgre Plateau and many thousands of acres of BLM and Forest Service ground - 4-wheeling, hunting, hiking, and horseback riding in Game Management Unit 62. Access is by maintained gravel road and a bridge across the CQ lateral. Montrose and its regional airport are a short drive. Telluride, Ridgway, Ouray, and the Black Canyon of the Gunnison are all within reach - the recreation corridor that has driven demand here since the cabins opened. Three years of Airbnb and VRBO operating history, documented through QuickBooks, with platform earnings exports available. Financials furnished to interested buyers upon request. A rare chance to own a piece of Western Colorado that pays part of its own way.
Details
| MLS # | 838898 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 19 |
| Listing Provided By | United Country Colorado Brokers, Inc. | Jake Hubbell |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,860 |
| Story(s) | 2 |
| Zoning | Agriculture |
| Acreage | 40.00 |
| Water Front | Yes |
Interior
| Furnished | Furnished |
|---|
Exterior
| Construction Materials | Stick Built |
|---|---|
| Lot Features | Adjacent To Public Land, Adjacent To Open Space, Cul De Sac, Backs To Greenbelt Park |
Parking
| Garage Yes / No | No |
|---|
Other
| List Aor | Delta County Board Of Realtors |
|---|
Taxes
| Property | 6191 |
|---|
Area Information
| State | CO |
|---|---|
| County | Montrose |
| City | Olathe |
| Zip Code | 81425 |
| Area | Olathe |
| School District | Olathe 9-12 |
| Elementary School | Olathe K-5 |
| High School | Olathe 9-12 |
| Listing VS Median (in 81425) | |
Price: $1,299,999 low | high Med: $695,000 sqft: 4,860 low | high Med: 1,456 $ / sqft: $267 low | high Med: $477 On site: 19 low | high Med: 75 | |
Market Activity 81425
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Learn More About This Property
| State | CO |
|---|---|
| County | Montrose |
| City | Olathe |
| Zip Code | 81425 |
| Area | Olathe |
| School District | Olathe 9-12 |
| Elementary School | Olathe K-5 |
| High School | Olathe 9-12 |
| Listing VS Median (in 81425) | |
Price: $1,299,999 low | high Med: $695,000 sqft: 4,860 low | high Med: 1,456 $ / sqft: $267 low | high Med: $477 On site: 19 low | high Med: 75 | |