This home's estimate is 62.5% lower than the average sale price ($377K) of 6 comparable homes.
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TBD Banner Rd Lot 2, Olathe, CO 81425
About this home
This is a fantastic opportunity to own a pristine parcel just waiting for your dreams to be built on. Eight acres with 7.9 shares of UVWUA irrigation water, offering a picturesque variety of Mountain views are at every turn. To the South you will see the grandeur of the San Juan Mountain Range, to the West, The Uncompahgre Plateau. Look North to the amazing and colorful Grand Mesa, the East shows off the beautiful West Elks, and the South East the fascinating Cimmaron range. Create a beautiful building site, equestrian property, or hobby farm. This parcel has successfully been farmed raising, corn, sunflowers, and hay. The location is convenient, to Delta, Olathe, and Montrose. Montrose has an expanding and convenient regional airport, with daily flights to major hubs. Medical facilities are located both in Delta, and Montrose and a short drive to a larger city of Grand Junction. There is a paid Tri-County domestic water tap installed at the lot line included in the purchase, and the power is also to the lot line just bring them in to the home site. True modulars (IRC built), system built, barndominiums (shop with living space), and stick built are welcomed. There is a hay crop currently that the new Buyer can have cut and bailed to sell. new Buyer can have cut and bailed to sell
Redfin Estimate
Market trends in 81425, CO
Last updated October 2026
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Sale history for TBD Banner Rd Lot 2
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking/Garage Information
- Parking Features: Shared Driveway
Exterior
- Exterior Features
- Fencing: None
- Building Information
- Direction Faces: South
- Property Features
- Other Structures: None
- Property Information
- Property Type: Land
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: SingleFamilyResidence
- Current Use: Agricultural
- Land Information
- Elevation: 5358
- Lot Information
- Lot Features: Pasture
- Road Surface Type: Paved
- Road Frontage Type: County Road
- Lot Size Dimensions: Survey
- Zoning Description: Agriculture, RSF
Financial
- Tax Information
- Tax Annual Amount: $126.52
Utilities
- Utility Information
- Water Source: Public
- Sewer: Septic Tank
Location
- Schools Information
- Elementary School: Olathe
- Middle Or Junior School: Olathe
- High School: Olathe
- Location Information
- Directions: From Olathe drive west to four mile corner or 5500 Rd, Turn North, drive to Banner Rd. turn left property is on the left
- Subdivision Name: Other
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Vacant Land
- Year Built: —
- Year Renovated: —
- County: Montrose County
- APN: 3493-351-01-002
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 3.8mi
Public 6-12 • Assigned • 3.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
5% chance of being in a wildfire in next 30 years
6 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
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.
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Nearby similar homes
New listings for sale in 81425
Home values near TBD Banner Rd Lot 2
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1021 Sq. Ft. | $255,160 |
3 Beds | 3 Baths | 2792 Sq. Ft. | $657,234 |
4 Beds | 2 Baths | 2052 Sq. Ft. | $467,568 |
1 Beds | 1 Baths | 1323 Sq. Ft. | $322,083 |
3 Beds | 2 Baths | 2040 Sq. Ft. | $549,194 |
1 Beds | 1 Baths | 1050 Sq. Ft. | $528,615 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2052 Sq. Ft. | $460,078 |
4 Beds | 2 Baths | 2037 Sq. Ft. | $395,251 |
4 Beds | 2 Baths | 2052 Sq. Ft. | $494,766 |
4 Beds | 2 Baths | 2040 Sq. Ft. | $475,923 |
3 Beds | 2 Baths | 924 Sq. Ft. | $210,234 |
4 Beds | 3 Baths | 2685 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2052 Sq. Ft. | $529,739 |
4 Beds | 2 Baths | 2039 Sq. Ft. | $448,334 |
3 Beds | 2 Baths | 1536 Sq. Ft. | $538,052 |
4 Beds | 3 Baths | 2212 Sq. Ft. | $688,654 |
5 Beds | 4 Baths | 5688 Sq. Ft. | $1,445,307 |
5 Beds | 3 Baths | 2339 Sq. Ft. | — |
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