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3396 Valley Way, Montrose, CO, 81401

4beds
4baths
2,847sqft
$999,000
$351price/sqft
$5,823/moest. monthly cost
$232,920/yrincome needed

About This Home

Show-Stopping, Spectacular Custom Home With High-End Finishes, 30' by 50' Shop, Perfect Floor Plan, And All in One of the Most Prestigious and Sought After Neighborhoods in Montrose, Colorado. Nestled on over an acre in Fox Hills, this property embodies everything that makes living in Western Colorado so good. A sprawling, well-designed floor plan delivers a main floor en-suite, as well as multiple living accommodations for whoever you're bringing with you. Step inside and enjoy gorgeous hardwood floors, uniting excellent living spaces with streaming natural light and an open-concept layout. The kitchen has been tastefully remodeled and delivers knotty alder cabinetry with pull-out drawers, a massive island and eat-in bar, under cabinet lighting, a large pantry and an ergonomic layout, making every day life practical and easy. Enjoy two living rooms, one with a fireplace and one with a wood stove, allowing endless options for hosting, and living your life the way you want. The main-floor en-suite has private access to the backyard, a huge walk-in closet and walk-in shower. The main floor also includes an additional bedroom, which could be perfect for a home office or gym. Upstairs provides versatile living spaces with a bonus room and full bathroom, as well as additional bedrooms to accommodate whoever you're bringing with you, or to provide your guests privacy and comfort when they visit. Added benefits are an extra wide and deep, 3-car garage which cuts no corners and will accommodate large vehicles. Imagine next-level peace and relaxation with your favorite beverage in hand surveying your 1+ acre paradise, with a stunning yard, beautiful treed views, walking paths, and endless potential for transforming and enjoying it however best suits you. The main event could be the shop, which you'll find will easily store and protect massive RV's, and could be utilized to house project cars, ATV's, boats, and all the toys you will own to make the most of your Colorado lifestyle. An additional large storage shed is ideal for lawn equipment and excess gear, and a hot tub and private backyard are just waiting for your enjoyment. This home couldn't be in a better location; protected and tucked inside a beautiful and upscale neighborhood, while being just minutes from curated cuisine, unmatched healthcare, a world-class recreation center, and all the best shopping and amenities Montrose has to offer. Discerning covenants to ensure your value while still allowing you freedom and flexibility, you will absolutely fall in love with this property inside and out. Make the Western Colorado Dream a Reality, Experience it For Yourself Today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
Johnson Elementary SchoolGrades PK-52.0 mi
6/10
Centennial Middle SchoolGrades 6-82.2 mi
6/10
Montrose High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Architectural Shingles
  • Construction materials: Wood Frame,Brick,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Trash Compactor,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: W/D Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Cooling

  • Cooling features: Central Air,Ceiling Fan(s)

Dining Room

  • Features: Kitchen Island,Kitchen Bar,Kitchen/Dining

Features

  • Ceiling Fan(s),Granite Counters,Pantry,Walk-In Closet(s)
  • Window features: Skylight(s)
  • Flooring: Carpet-Partial,Hardwood,Tile
  • Fireplace features: Gas Log,Living Room,Wood Burning Stove,Wood Stove
  • Fireplace: Yes
  • Finished area above ground: 2,846

Interior Area

  • Total structure area: 2,847
  • Total interior livable area: 2,847 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 376736407001
  • Zoning description: Residential Single Family

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered Porch,Patio
  • Exterior features: Landscaping,Lawn Sprinklers
  • Has spa: Yes
  • Spa features: Hot Tub,Bath

Lot

  • Lot size: 1.21 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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
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 $5,051$60,612
Home Insurance *$259$3,108
Property Taxes $299$3,588
Electricity $214$2,579
Total$5,823$69,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,645/yr
40% on housing$174,690/yr
45% on housing$155,280/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

$351This listing

vs Other Active Listings

Avg $/sqft

ZIP 81401$204
Montrose County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 81401$265
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
2026-03-06Listed for sale$999,000

For Sale by Agent

AgentDiana Atha Team
BrokerageKeller Williams Colorado West Realty

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