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    28429 Rd, Unit H.4 Cahone, CO 81320

    Sponsored
    For Sale
    $985,000

    Farm/Estate - Cahone, CO

    Type:Farm
    Property size:
    1,824 SF
    Lot size:
    252.00 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 20 at 11:06 pm

    Property Features for 28429 Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Living Room
    Bedrooms
    3
    Bathrooms
    2
    Parking features
    Garage
    Interior features
    Walk-in Closet
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Size
    1,824 SF
    Lot size
    252.00 Acres

    Utilities

    Heating system
    Fireplace(s), Heat Pump (Heating), Propane (Heating), Solar (Heating)

    Building Details

    Year built
    2003
    Year renovated
    2003
    Floors in Building
    2
    Flooring type
    Carpet, Tile
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Keith Stephens

    St James Sporting Properties (855) 711-7577

    Listing agent Keith Stephens (855) 711-7577

    Listing date Jan 12, 2026

    MLS# 11630262 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Off-Grid Retreat in Gated Community

    Located in The Glade, a gated community within Colorado's GMU 711 hunting unit, this off-grid retreat offers privacy, recreation, and modern comfort. The 1,824 sq ft single-family home features 3 bedrooms and 2 bathrooms and is situated in the high desert of the Four Corners region. The property represents an investment opportunity for outdoor enthusiasts, seasonal residents, or those seeking a serene escape. The residence is fully furnished with luxury Bassett furniture and includes a propane fireplace, offering mountain and high desert views. The property features upgraded solar panels, new lithium batteries, and a 23-kW backup generator. The propane system powers the stove, water heater, heating system, washer/dryer, and dishwasher, while solar supports lighting, the master bedroom HVAC, and microwave. Water and utility infrastructure is in place, featuring two buried 2,000-gallon cisterns, a 1,000-gallon propane tank, and a Ring security camera system with six units. Bordering both BLM and National Forest lands, the property provides access to trails for hiking, hunting, ATVing, and snowmobiling. Accessible by maintained gravel and forest service roads from May through December, the home transforms into a snowmobile-access-only haven in winter. Nearby towns provide access to supplies and services, while Durango's airport offers daily flights to major cities. Cortez City has a regional airport with commercial flights from Denver and other regional areas. The property sits on 252 acres and is suited as a recreational basecamp, a seasonal residence, or a long-term off-grid investment.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Cahone
    County
    Dolores
    State
    Colorado
    Longitude
    -108.522827
    Latitude
    37.746555

    Nearby Similar for Sale

    • $650,000
      2,397 SF

      Cahone, CO Mixed-Use Lodge

      10-Acre Lodge, Cabins & Outbuildings
      4272 Rd, Cahone, CO 81320
      View Details

    FAQs

    What type of property is this?
    Farm - Furnished 3-bedroom home on 252 acres bordering BLM and National Forest.
    Where is this farm located?
    The property is located at 28429 Rd, Unit H.4 Cahone, CO.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Direct access to BLM and National Forest lands for hiking, hunting, ATVing, and snowmobiling.; - Turnkey, fully furnished off-grid living with luxury Bassett furniture and essential appliances.; - Upgraded solar power system with backup generator featuring brand-new solar panels, lithium batteries, and a 23-kW backup generator.
    (855) 711-7577
    Request Owner's contact information
    28429 Rd, Unit H.4 Cahone, CO 81320
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    Cahone, CO 81320
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28429 Rd, Unit H.4 Cahone, CO 81320
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    We can help!
    Listing Contact
    Keith Stephens
    (855) 711-7577
    Learn more
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