OFF MARKET

Off market apr 2021 for $650K

$781,770

•

1,430

sq ft

54470 Banner Rd, Olathe, CO 81425

About this home

Beautiful parcel of farmland located on a paved country road. The property has two big working Onion Sheds that have many possibilities. The land is currently being leased. There is a 1430 square foot Brick House home with 3 bedrooms, one full bath and one 3/4 bath , nice size kitchen with eating area and a big picture window, two family rooms, and a one car attached garage, . There is a fenced yard around house with big trees to enjoy the shade while enjoying the quietness and beauty around you. this will also be listed under Farm and Ranch

Single-familyProperty Type

1918Year Built

36 acresLot Size

$547Est. Price/Sq.Ft.

2 car garageParking

Listed by Marjorie Phelps • Phelps Real Estate Group

Bought with Tammy Monroe • Keller Williams Realty Southwest Associates, LLC - Montrose

Redfin checked: 3 minutes ago

•Source:cren #777713

Redfin Estimate

$781,770

$132K since sold in April 2021$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 73.1% higher than the average sale price ($452K) of 6 comparable homes.

SOLD JUL 20, 2026
$411,050
A
3 beds2 baths1,512 sq ft
19548 B50 Rd, Delta, CO 81416
SOLD SEP 11, 2026
$385,000
B
3 beds2 baths1,216 sq ft
2405 Mesa Dr, Olathe, CO 81425
SOLD DEC 15, 2025
$607,000
C
3 beds2 baths1,344 sq ft
13648 B Rd, Delta, CO 81416
SOLD AUG 14, 2026
$402,000
D
3 beds2 baths1,404 sq ft
54194 Feather Ct, Olathe, CO 81425
SOLD AUG 7, 2026
$545,000
E
3 beds2 baths1,401 sq ft
4024 5945 Rd, Olathe, CO 81425
SOLD JAN 5, 2026
$360,000
F
3 beds1.5 baths1,337 sq ft
60433 Falcon Rd, Olathe, CO 81425

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Market trends in 81425, CO

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

94.2%

0.5% MoM

Median sale price

$410K

$118K MoM

Avg. days on market

35d

42 days MoM

Recently sold homes

2 MoM

New listings for sale

$398,750
4 beds1.5 baths1,529 sq ft
718 S Church Ave, Olathe, CO 81425
$320,000
3 beds2 baths1,200 sq ft
402 1st St, Olathe, CO 81425
See all

Provided by Redfin

Sale history for 54470 Banner Rd

Tax history for 54470 Banner Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

38.28 Acres

Year renovated

1960

Sq. Ft.

1,430

Year built

1918

Style

Ranch

County

Montrose County

APN

R0006540

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 12, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
Attached Garage
# of Garage Spaces: 2

Parking
Features: Attached, Garage

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 1
# of Three Quarter Bathrooms: 1

Equipment
Appliances: Cooktop, Double Oven, Dryer, Range, Refrigerator, Washer

Interior Features
Unfurnished

Exterior

Building Information
Stories: 1
Roof Details: Metal

Exterior Features
Other Structures: Outbuilding
Fencing: Chain Link

Land Information
Has Irrigation Water Rights
Current Use: Agricultural

Lot Information
Lot Size Acres: 36
Zoning Description: Agriculture

Property Information
Above Grade Finished Area: 1,430
Attached Property

Financial

Tax Information
Tax Year: 2020

Utilities

Heating & Cooling
Has Cooling
Cooling: Evaporative Cooling
Has Heating
Heating: Baseboard, Propane

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,430
Stories: 1.0
Lot Size: 38.28 acres
Style: Ranch
Year Built: 1918
Year Renovated: 1960
County: Montrose County
APN: R0006540

Home facts updated by county records on Oct 12, 2026

Around this home

Schools

Olathe Elementary School

Public PreK-5 • Assigned • 5.3mi

7/10

Olathe Middle School

Public 6-8 • Assigned • 5.1mi

Olathe High School

Public 6-12 • Assigned • 5.8mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 93° expected this year, 18 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

Olathe, CO • 81425

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.7 hours in June and 6 hours in December, placing it above the U.S. average for solar exposure.

11.7 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$743,000 – $900,000

Sell confidently with a local market expert in Olathe. 3 minutes to get started.

Nearby similar homes

$1,199,000

3 beds2 baths1,985 sq ft

7531 High Mesa Rd, Olathe, CO 81425

$995,000

5 beds3.5 baths5,802 sq ft

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3D WALKTHROUGH

$675,000

4 beds3 baths2,128 sq ft

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FOR SALE BY OWNER

$725,000

5 beds3 baths1,376 sq ft

4491 2300 Rd, Delta, CO 81416

$640,000

3 beds2 baths1,825 sq ft

20666 Fairview Rd, Austin, CO 81410

$849,000

3 beds3.5 baths2,831 sq ft

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New listings for sale in 81425

$398,750

4 beds1.5 baths1,529 sq ft

718 S Church Ave, Olathe, CO 81425

$320,000

3 beds2 baths1,200 sq ft

402 1st St, Olathe, CO 81425

Home values near 54470 Banner Rd

Data from public records.

Address	Redfin Estimate
54258 Banner Road, Olathe, CO 3 Beds \| 2 Baths \| 1680 Sq. Ft.	$453,458
54481 Banner Road, Delta, CO 4 Beds \| 2.5 Baths \| 2004 Sq. Ft.	$585,451

Address	Redfin Estimate
53806 Banner Road, Olathe, CO 2 Beds \| 1 Baths \| 1392 Sq. Ft.	$336,363
54654 Banner Road, Olathe, CO 3 Beds \| 3 Baths \| 4183 Sq. Ft.	$1,362,774

Address	Redfin Estimate
54867 Banner Road, Delta, CO 2 Beds \| 2 Baths \| 1484 Sq. Ft.	$552,612
54496 Banner Road, Olathe, CO 4 Beds \| 2 Baths \| 1447 Sq. Ft.	—

Property information provided by cren when last listed in 2021. This data may not match . Learn more.

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