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66356 Otter Road, Montrose, CO, 81401

4beds
3baths
2,861sqft
$999,000
$349price/sqft
$5,824/moest. monthly cost
$232,960/yrincome needed

About This Home

Spacious, updated in-town home on 1 acre with no HOA, no covenants, and beautiful mountain views. With nearly 3,000 square feet, 4 bedrooms, and 2.5 baths, this home offers the space you want with the peaceful feel of a rural setting. Large windows fill the home with natural light, while mature trees and surrounding views create a setting that feels private and open at the same time. The kitchen is a standout, featuring brand new stainless appliances, quartz countertops, abundant cabinetry, a pantry, and a functional bar that opens seamlessly to the dining and living areas. Just off the dining space, step onto the expansive covered patio, perfect for entertaining or enjoying quiet Colorado evenings year round. The main level primary suite offers a true retreat with a spacious layout, soaking tub, tiled shower, double vanity, and a large walk in closet. Upstairs, you will find three additional bedrooms, a generous second living area, and a well appointed bathroom with a tiled shower, giving everyone room to spread out. Additional features include a dedicated laundry room with new washer and dryer, a convenient half bath, and plenty of storage throughout, including oversized closets and under stair storage. The three car garage with keypad entry, along with extra space for RV or trailer parking, adds even more flexibility. With no HOA or covenants, you have the freedom to truly make this property your own, whether that means adding a shop or simply enjoying the extra space. Located on the desirable south side of Montrose, you are just minutes from schools, shopping, dining, and the Montrose Recreation Center while still enjoying a quieter, more open setting. This home offers the rare combination of space, updates, and flexibility all in one property.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

8/10
5/10
Columbine Middle SchoolGrades 6-82.4 mi
6/10
Montrose High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 2000

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick Built

Interior

Appliances

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

Bedrooms & Bathrooms

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

Cooling

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

Dining Room

  • Features: Eat-in Kitchen,Kitchen Bar

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s),Game Room,Mud Room
  • Window features: Window Coverings
  • Flooring: Carpet-Partial,Laminate,Tile
  • Finished area above ground: 2,861

Interior Area

  • Total structure area: 2,861
  • Total interior livable area: 2,861 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 399303309001

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Porch,Patio
  • Exterior features: Landscaping,Lawn Sprinklers
  • Has view: Yes
  • View description: Mountain(s),Valley

Lot

  • Lot size: 1 Acres
  • Features: Cleared

Parking

  • Total spaces: 3
  • Parking features: Attached Garage,Garage Door Opener
  • 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
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Landslide
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 $5,051$60,612
Home Insurance *$259$3,108
Property Taxes $299$3,588
Electricity $215$2,591
Total$5,824$69,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,680/yr
40% on housing$174,720/yr
45% on housing$155,306/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

$349This 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)

No zestimate history available

Price History

DateEventPrice
2026-04-30Listed for sale$999,000
2026-03-30Listing removed$999,000
2026-03-06Price change$999,000
2025-09-29Listed for sale$1,100,000
2009-12-30Sold$3,750,000

For Sale by Agent

AgentElise Bowles, NextHome Virtual
BrokerageNextHome Virtual

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