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    48 6840 Rd Montrose, CO 81403

    Sponsored
    For Sale
    $140,000

    Residential - Montrose, CO

    Type:Single Family Residence
    Lot size:
    1.17 Acres
    Days on Market:
    317
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for 48 6840 Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    1.17 Acres

    Building Details

    Architectural style
    Other

    NextHome Virtual (970) 258-9300 [email protected]

    Listing agent Shawn Carroll (970) 258-9300

    Listing date Feb 28, 2025

    MLS# 821440 Listing URL

    Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Montrose Residential Land with Views

    This residential land is located in a newer subdivision 10 minutes south of Montrose. The lot size is 1.17 acres and offers views. Utilities available include natural gas, electricity, Tri-County water tap, and pressurized irrigation water to each lot. Elevate fiber internet is also available. The subdivision allows for single-story homes with a minimum square footage requirement of 1,700 square feet. Two-story homes are permitted with at least 2,000 square feet, with a minimum of 1,200 square feet on the ground level. One storage or utility building of no more than 1,200 square feet is allowed, as are RVs, boats, and recreational vehicles, as per covenants. The property is accessible via a paved road. Bring your own builder and build your Colorado dream home!
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Hotel & Motel Department Store Discount Store Veterinary Clinic Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8089145
    Latitude
    38.3812415

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    FAQs

    What type of property is this?
    Residential land & home lot - 1+ acre residential lot with utilities and mountain views.
    Where is this residential land & home lot located?
    The property is located at 48 6840 Rd Montrose, CO.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Large 1+ acre lots in a newer subdivision.; - Utilities available: Natural gas, electricity, Tri-County water tap, and pressurized irrigation water.; - Conveniently located 10 minutes south of Montrose on a paved road.
    (970) 258-9300
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    48 6840 Rd Montrose, CO 81403
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    Montrose, CO 81403
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    Realmo Value Estimation

    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.

    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.

    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
    48 6840 Rd Montrose, CO 81403
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