Discover a rare opportunity in the historic mountain town of Montezuma. This versatile single-family home with a detached garage lives effortlessly as two separate units. Perfect for maximizing flexibility, privacy, and potential income. The upper residence offers two bedrooms, two bathrooms, a den, and its own laundry, creating a comfortable and spacious retreat. The lower unit includes a full kitchen, bedroom, bathroom, den, and private laundry as well, ideal for guests, multi-generational living, or long-term rental income. Whether you're seeking a serene high-country escape, a dual-living setup, or a property with exceptional investment upside, this unique offering provides endless possibilities. Opportunities like this are seldom available in Montezuma, don’t miss your chance to secure a foothold in one of Colorado’s most charming alpine communities. The home adjacent to the property, 5277 Montezuma Road is offered at $595,000, 5291 Montezuma Road is offered at $1,200,000, purchase both properties for $1,700,000!
Single-familyProperty Type
1994Year Built
0.29 acresLot Size
$455Price/Sq.Ft.
1 car garageParking
Listed by Sean Saffell• Coldwell Banker Mountain Properties
Beautiful mountain home & well maintained property w/ welcoming floor plan, vaulted ceilings & sweeping mountain views of the valley from every window. Full walkout basement! TWO separate lots- property can be subdivided between the home/smaller garage & HUGE outbuilding of 912sf+ a 336sf under storage area(make this another home!) The outbuildings are amazing! County maintained road ALL the way to Montezuma for easy access to I-70, Keystone, & other Skiing/Back Country Trails!
Replace water damaged drywall and insulation. Convert a shower to a bathtub and install a washer and dryer.
Bathroom
Plumbing
Remodel
Nov 14, 2025 • Final
Plumb
Remove and replace damaged drywall and insulation. Replace an existing shower with a new bathtub.
Bathroom
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
1/10 Heat Factor
12 days above 68° expected this year, 32 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Montezuma, CO • 80435
Average low and high temperatures (°F)
31
9
40
20
49
26
51
28
60
35
75
44
79
48
75
46
70
41
61
33
44
23
40
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5291 & 5293 Montezuma Rd
$1,130,562
$54K under list price of $1.19M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.6M to $4.3M.