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1071 Black Canyon Road, Crawford, CO, 81415

2beds
3baths
3,615sqft
$2,999,000
$830price/sqft
$18,197/moest. monthly cost
$727,880/yrincome needed

About This Home

Premier equine facility located just minutes from Crawford Reservoir, offering breathtaking views of the West Elk Mountains and a functional layout ideal for horse enthusiasts, trainers, or those seeking a turnkey setup. The property features both an indoor riding arena and an outdoor covered arena, allowing for year-round training and use. All under one roof are the covered arena, 10 indoor stalls, a tack room, a wash rack, woodshop, storage room, dry stalls next to arena and a bathroom for added convenience. Onsite living is made easy with a comfortable 2-bedroom residence located on the east end of the arena, perfect for owner use or on site trainer. Additional infrastructure includes a hay barn, workshop, equipment shed, and lean-tos providing shelter in the turnout areas. The property is served by both a Cathedral Water tap and a private well, ensuring reliable water access. With irrigated ground in place, it’s easy to maintain pastures or produce hay. The sale includes a bale wagon used in hay production. This is a rare opportunity to own a fully operational equestrian property in a stunning Colorado mountain setting.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

4/10
Hotchkiss Elementary SchoolGrades PK-811.4 mi
5/10
Hotchkiss High SchoolGrades 9-1210.2 mi

Construction

Condition

  • Year built: 2002

Materials

  • Construction materials: Metal Frame,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Farm House
  • Property subType: Stick Built

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Ceiling Fan(s)

Features

  • Part Furnished,Ceiling Fan(s),Granite Counters

Interior Area

  • Total structure area: 3,615
  • Total interior livable area: 3,615 sqft

Property

Details

  • Parcel number: 350124400022
  • Horse amenities: Arena

Features

  • On waterfront: Yes
  • Waterfront features: Creek

Lot

  • Lot size: 42.33 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Drought
    DroughtModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Drought
Wildfire
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 $15,164$181,968
Home Insurance *$1,862$22,344
Property Taxes $899$10,788
Electricity $272$3,274
Total$18,197$218,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$623,897/yr
40% on housing$545,910/yr
45% on housing$485,253/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

$830This listing

vs Other Active Listings

Avg $/sqft

ZIP 81415$453
Montrose County$389

vs Homes Sold Last Month

Median $/sqft

ZIP 81415$195
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)

No zestimate history available

Price History

DateEventPrice
2025-06-11Listed for sale$2,999,000

For Sale by Agent

AgentJerad Cotten
BrokerageM4 Ranch Group, LLC

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