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1403 Fivemile Creek Avenue, Montrose, CO, 81401

4beds
3baths
1,895sqft
$470,000
$248price/sqft
$2,825/moest. monthly cost
$113,000/yrincome needed

About This Home

Ideally situated on a desirable corner lot across from subdivision open space, this spacious home of almost 1900sf was built in 2022 and offers scenic mountain views from its front porch. The main living area provides an open-concept design seamlessly connecting the living, dining, and kitchen areas, creating the perfect setting for both comfortable everyday living and effortless entertaining. The kitchen features granite countertops, soft-close cabinetry, a built-in pantry cabinet, and a center island for additional workspace and gathering space. Sliding glass door off dining area allows for an abundance of natural light as to the southern windows of the living room. The main-level primary suite offers a ceiling fan, walk-in closet, and a private 5-piece en suite bath. Also on the main floor are a convenient half bath and an oversized laundry room complete with cabinetry, extensive shelving, and valuable under stair storage. Upstairs, you'll find three generously sized bedrooms with large closets and a full bath, providing plenty of room for family and guests. The fully xeriscaped front and back yards offer beauty with minimal maintenance. Additional features include a 2 car garage, forced air natural gas heat, central air conditioning, with Elevate high speed internet service available. With open space, mountain views, and thoughtful design throughout, this home offers comfort, functionality, and an exceptional setting.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
Johnson Elementary SchoolGrades PK-51.8 mi
6/10
Centennial Middle SchoolGrades 6-81.6 mi
6/10
Montrose High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Masonite,Stone

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick Built

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Dining Room

  • Features: Kitchen Island,Living Room Dining

Features

  • Ceiling Fan(s),Granite Counters,Pantry,Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Laminate,Tile

Heating & Cooling

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

Interior Area

  • Total structure area: 1,895
  • Total interior livable area: 1,895 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 376715406011

Features

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

Lot

  • Lot size: 6,534 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage Door Opener
  • 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
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
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 $2,376$28,512
Home Insurance *$122$1,464
Property Taxes $141$1,692
Electricity $186$2,232
Total$2,825$33,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,857/yr
40% on housing$84,750/yr
45% on housing$75,333/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

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 81401$207
Montrose County$397

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
2026-08-08Contingent$470,000
2026-06-10Listed for sale$470,000
2025-03-05Listing removed$2,600
2024-12-10Listed for rent$2,600

For Sale by Agent

AgentShawn Carroll
BrokerageNextHome Virtual

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