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About This Home
This 6-bedroom, 5-bathroom single family at 21179 Highway 550 in Montrose, CO is listed for $999,000 ($186 per sqft). the home offers 5,367 sqft of living space on a 1.79 acres lot.
Jeremy Rediger, Keller Williams Realty Southwest Associates, LLC - Montrose, ,,: 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).
Key Features
- 1.79 acre lot
Property Details
Monthly Cost Estimate
$5,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
21179 Highway 550
Montrose, CO 81403
Questions & Answers
This 6-bedroom, 5-bathroom single family at 21179 Highway 550 is listed at $999,000 ($186/sqft). The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.
Key features include: 1.79 acre lot.
This property is listed by Jeremy Rediger and can be reached at 9703069449 or jeremy.redigergroup@gmail.com.
