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502 Holly Drive, Montrose, CO, 81401

4beds
2baths
2,087sqft
$680,000
$326price/sqft
$4,004/moest. monthly cost
$160,160/yrincome needed

About This Home

VA Assumable Loan at 2.75% – Exceptional Opportunity! Buyer does not have to be a Veteran, but must qualify for the loan assumption. Stunning Custom 4-Bedroom Home with Mountain Views, Hot Tub & RV Parking. Experience the perfect blend of comfort, functionality, and luxury in this beautifully crafted 4-bedroom, 2-bath custom home, ideally situated in one of the area’s most desirable settings with breathtaking views of the San Juan Mountains. Step inside to a bright, open-concept layout designed for both everyday living and entertaining. The home features a formal dining room, a cozy breakfast nook, and a convenient breakfast bar—perfect for gatherings of any size. The updated kitchen is a standout, showcasing granite countertops and brand-new stainless steel appliances, including a stove, microwave, refrigerator, and dishwasher, along with the added convenience of a trash compactor. The inviting living room offers warmth and efficiency with a pellet stove connected to the home’s duct system—keeping you comfortable throughout the colder months. The spacious primary suite serves as a private retreat, complete with an en-suite bathroom featuring in-floor heating and a double vanity. Step outside and unwind in your own backyard oasis. A covered patio opens to a private hot tub and an expansive stone paver patio—ideal for relaxing or entertaining. The thoughtfully landscaped yard is low-maintenance and perfectly positioned to capture stunning panoramic mountain views. Additional Highlights: 4-car attached garage (including one double-deep bay) Designated RV parking with hookups Covered patio and outdoor entertainment space Private hot tub Formal and casual dining areas Located in a peaceful, sought-after neighborhood with convenient access to local amenities, this move-in-ready home truly has it all. Schedule your private showing today and take advantage of this rare low-interest assumable loan opportunity!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
Johnson Elementary SchoolGrades PK-50.7 mi
6/10
Centennial Middle SchoolGrades 6-81.6 mi
6/10
Montrose High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2013

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedroom2

  • Area: 150

Bedroom3

  • Area: 111.83333333333333

Bedroom4

  • Area: 150

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

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

Dining Room

  • Area: 128.41666666666666

Features

  • Ceiling Fan(s)
  • Window features: Window Coverings
  • Flooring: Laminate
  • Finished area above ground: 2,087

Interior Area

  • Total structure area: 2,087
  • Total interior livable area: 2,087 sqft

Kitchen

  • Area: 217.98611111111111

Living Room

  • Area: 248.74999999999997

Master Bedroom

  • Area: 250.00000000000003

Property

Details

  • Parcel number: 376725206023
  • Zoning description: Residential Single Family

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Landscaping
  • Has spa: Yes
  • Spa features: Hot Tub

Lot

  • Lot size: 0.59 Acres
  • Lot size dimensions: 241.81 x 107

Parking

  • Total spaces: 4
  • Parking features: Attached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 $3,438$41,256
Home Insurance *$176$2,112
Property Taxes $204$2,448
Electricity $186$2,232
Total$4,004$48,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,280/yr
40% on housing$120,120/yr
45% on housing$106,773/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

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 81401$206
Montrose County$396

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
2026-03-25Listed for sale$689,900
2025-11-10Listing removed$699,900
2025-09-10Price change$699,900
2025-05-23Listed for sale$710,000
2013-04-23Sold$305,640

For Sale by Agent

AgentGlenn McCuen
BrokerageMountain View Real Estate, LLC

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