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51233 Carnation Road, Delta, CO, 81416

2beds
2baths
2,648sqft
$1,295,500
$489price/sqft
$7,532/moest. monthly cost
$301,280/yrincome needed

About This Home

Experience the untamed beauty of Western Colorado on this remarkable 188-acre legacy property, ideally positioned just northwest of Montrose, near Olathe and Delta. Bordering expansive Bureau of Land Management (BLM) lands that stretch all the way to the Utah line, this rare offering delivers direct access to thousands of acres of public land—perfect for hiking, horseback riding, mountain biking, hunting, and endless exploration right out your back door. Set among striking red rock landscapes and rich high-desert terrain, this property is steeped in Native American history and paleontological significance, offering a truly one-of-a-kind setting where the past and present meet. From ancient landforms to cultural traces, this is more than land—it’s a connection to the history of the American West. The property includes four legal parcels, providing flexibility for future development, investment, or multi-generational living. The primary parcel features a well-maintained 2,600 sq ft ranch-style home designed for comfort and functionality. Inside, you’ll find a spacious, open-concept kitchen, dining, and living area—ideal for entertaining or quiet country living. Two large bedrooms each offer their own custom bathrooms, creating a private and inviting retreat. Recent upgrades include fresh interior paint, new laminate flooring, newer windows, roof, and air conditioning. Step outside onto the expansive deck and take in sweeping western views across your land and into the vast BLM acreage beyond. Additional improvements include a carport, storage shed, a charming log cabin, and two historic structures that add character and authenticity to the property. Thoughtfully placed stone pathways and garden areas—crafted from materials found on the land—reflect years of care and stewardship. For those seeking a working property, the land offers excellent agricultural and grazing potential, supported by 10 shares of irrigation water. Ideal for horses, cattle, or specialty crops such as hops or orchards, the property benefits from low agricultural taxes and favorable growing conditions. A large metal shop with a high overhead door and concrete floor provides ample space for equipment, vehicles, and recreational gear. Whether you're looking for a Colorado ranch, a BLM-adjacent recreational property, or a private retreat with development potential, this property delivers unmatched opportunity. Wide-open spaces, rich history, and direct access to public lands make this a rare find in today’s market. Create your Western Colorado legacy—schedule your showing today.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

4/10
Olathe Elementary SchoolGrades PK-58.3 mi
--
Olathe Middle SchoolGrades 6-88.2 mi
5/10
Olathe High SchoolGrades 6-128.6 mi

Construction

Condition

  • Year built: 1989

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Cedar

Type & Style

  • Home type: SingleFamily
  • Architectural style: Raised Ranch
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Kitchen/Dining

Features

  • Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Laminate
  • Finished area above ground: 2,648

Interior Area

  • Total structure area: 2,648
  • Total interior livable area: 2,648 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 349332300013
  • Attached to another structure: Yes
  • Zoning description: Agriculture,Residential Single Family

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Irrigation Water,Landscaping
  • Has view: Yes
  • View description: Valley
  • On waterfront: Yes
  • Waterfront features: Creek,Seasonal Stream/Spring
  • Horses can be raised: Yes

Lot

  • Lot size: 188.60 Acres
  • Features: Borders Public Land,Pasture,Cul-De-Sac

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Drought
Inland Flooding
Landslide
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,550$78,600
Home Insurance *$395$4,740
Property Taxes $388$4,656
Electricity $199$2,398
Total$7,532$90,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$258,240/yr
40% on housing$225,960/yr
45% on housing$200,853/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$489This listing

vs Other Active Listings

Avg $/sqft

ZIP 81416$159
Montrose County$394

vs Homes Sold Last Month

Median $/sqft

ZIP 81416
Montrose County$258

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$1,295,500
2026-04-14Listed for sale$1,345,500

For Sale by Agent

AgentTodd Schroedel
BrokerageUnited Country Sneffels Realty

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