BEDS6
BATHS5
SQUARE FEET5,367
MLS#835957
STATUS
PROPERTY TYPEResidential - Single Family
Property Description
Experience the rare combination of privacy, income potential, and Western Colorado charm with this stunning custom log-built estate featuring both a main residence and a separate guest home on beautifully irrigated acreage. With no HOA, you'll enjoy the freedom to live, invest, and recreate on your own terms while benefiting from valuable irrigation water rights and a scenic pond that enhances both the property's beauty and functionality. Both the main home and guest house have a proven history in the short-term rental market, creating a unique opportunity for owners seeking supplemental income or a turnkey investment. At the current asking price, the property's established rental performance indicates the potential for approximately a 10% return on investment, making it an exceptional blend of lifestyle property and income-producing asset. Whether you're searching for a private retreat, multi-generational living, or a high-performing mountain rental opportunity, this one-of-a-kind log estate delivers. Only 58 Miles from world class skiing in Telluride and 28 miles from Ouray (Named the Switzerland of America).
Property Features
Property Type: Residential - Single Family
Cooling: Forced Air, Central A/C
Fuel Type: Natural Gas, Wood
Garage: 2 car attached
Heating: Forced Air, Wood Stove
Home Style: Log, Other
Lot Size: 1.79 Acres
Roof Type: Metal
Stories: 2.0
Taxes: 3,593.80
Year Built: 1989
Amenities
Wood Stove
Window Coverings
Part Furnished
Ceiling Fan(s)
W/D Hookup
Sound System
Granite Counters
Guest Quarters
Walk In Closet
Garage Door Opener
Shed/Storage
Landscaping
Irrigation Water
Patio
Deck
Lawn Sprinklers
Other
Irrigation Pump
Appliances
Range Top
Refrigerator
Dishwasher
Washer
Dryer
Disposal
Microwave
Oven-Wall
Feature Descriptions
Access: State Highway, County, City/Town, 50'-75' Frontage, Public
Available Amenities: Additional Living Quarters, Real Estate Included
Days on Site: 4
Dining: Kitchen/Dining
Exterior: Wood Frame, Log, Wood
Fireplace: Living Room, Woodstove
Flooring: Hardwood, Tile, Vinyl
Foundation: Crawl Space
Garage Type: Attached Garage
Lot: Other, Adj to Open Space
Master Bedroom: Main Level
Sewer: Engineered Septic
Special View Info: Lake/Pond/Reservoir, Mountains
Water: Public
Local Schools
High School: Montrose 9-12
Middle School: Columbine 6-8
Elementary School: Cottonwood K-5
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Southwest Associates, LLC - Montrose
Agency Phone: 970-596-0870
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 5,879.75 per month $5,588.12 Principal & Interest $0.25 Property Tax $291.38 Homeowner's Insurance
21179 Highway 550 | MLS# 835957
This single family home located at 21179 Highway 550, Montrose, CO 81403 is currently listed for sale with an asking price of $999,000. This property was built in 1989 and has 6 bedrooms with 5367 sq. ft. Search Montrose real estate on www.lydiawalls.com today.