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738-748 E Star Court, Montrose, CO, 81401

18beds
18baths
8,352sqft
$2,200,000
$263price/sqft
$12,986/moest. monthly cost
$519,440/yrincome needed

About This Home

To Be Built: New construction currently being built 6-plex offering (6) individually deeded townhome units in a highly desirable Montrose location. Each unit features 3 beds, 2.5 baths, garage, and low-maintenance design ideal for long-term or furnished rentals. Strong rental demand and flexible exit strategy—hold for cash flow or sell units individually. *Some photos of this listing may include virtually staged amenities, furniture or fixtures

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

3/10
Johnson Elementary SchoolGrades PK-51.6 mi
6/10
Centennial Middle SchoolGrades 6-80.1 mi
6/10
Montrose High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Sixplex

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 18
  • Full bathrooms: 6
  • 3/4 bathrooms: 6
  • 1/2 bathrooms: 6

Cooling

  • Cooling features: Ductless

Features

  • Flooring: Vinyl

Interior Area

  • Total structure area: 8,352
  • Total interior livable area: 8,352 sqft

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 376727453003
  • Zoning description: Residential Multi Family

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.50 Acres
  • Features: Cul-De-Sac

Parking

  • Total spaces: 1
  • Parking features: 2 per unit,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Earthquake
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 $11,124$133,488
Home Insurance *$572$6,864
Property Taxes $660$7,920
Electricity $630$7,566
Total$12,986$155,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$445,234/yr
40% on housing$389,580/yr
45% on housing$346,293/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

$263This 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
2026-03-23Listed for sale$2,490,000

New Construction

AgentJessamy Pressler
BrokerageNextHome Virtual

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