Price Reduction - Waterfront
Address
26217 Road 38.5, Dolores, CO
Price
$ 3,995,000
Property Attributes
- MLS#44552
- TypeSingle Family
- Listing Status Active
- CountyMONTEZUMA
- CityDolores
- AreaRico to Dolores River Valley
- Zip81323
- StyleContemporary,Ranch
- Year Built2025
- Taxes$ 5134
- Price$ 3,995,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4350
- Lot Size80.18 Acres
Data Source:
Telluride MLS (TRIDEMLS)
Property Description
Rare opportunity to acquire an approximately 80-acre land assemblage in the scenic Dolores River Valley, just 50 minutes south of Telluride. Comprised of 14 subdivided parcels (13 vacant parcels and one newly-constructed home) with no HOA, this unique offering provides exceptional flexibility for a family compound, investment, recreation retreat, or future development opportunity. The majority of the property lies at the confluence of the Dolores River and the West Fork of the Dolores River, enjoying southern exposure, expansive valley views, and excellent solar gain. Two parcels offer direct river frontage, while 11 lots feature level, highly buildable terrain. Lot sizes range from 1.02 acres to 32.6 acres, including multiple 10+ acre parcels bordering United States Forest Service lands. A separate 32.6-acre parcel offers exceptional privacy, highlighted by a secluded high-mountain meadow surrounded by mature vegetation, with Stoner Creek running through the property. The Dolores Valley's warmer climate, lower elevation, and easy access to boating, fishing, rafting, mountain biking, hunting, and snowmobiling make it one of Southwest Colorado's most appealing yet undiscovered destinations. A newly constructed 4,350-square-foot residence with five bedrooms and four baths is available separately or as part of a packaged acquisition. (See Offering Memorandum in Documents and photos for details on all 14 properties and approved discounted packages )
| Price History | |
|---|---|
| 6/3/2026 | Listed $4,505,000 |
| 7/13/2026 | 8$4,175,000 |
| 9/3/2026 | 5$3,995,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Natural Gas,Forced Air |
| Architectural Style | Contemporary,Ranch |
| Construction Materials | Frame,Stucco |
| Year Built | 2025 |
| Property Subtype | County Over 35 Acres |
| Tax Year | 2025 |
| Parcel Number | R019093 |
| Waterfront Features | River Front |
| County | Montezuma County |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | No |
| Subdivision Name | None |
| Garage Y/N | Yes |
| Full Baths | 4 |
| Status | Active |
| Directions | From Telluride,follow Highway 145 south for approximately 55 miles,Road 38.5 is on the right,just before Road 38 to Dunton Hot Springs. Once on Road 38.5,home is the first one on the left,the majorit |
| City | Dolores |
| Association Name | None. |
| MLS Area | Rico to Dolores River Valley |
| Lot Size Square Feet | 3492640.8 |
| Carport Y/N | No |
| Tax Annual Amount | 5134.8 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | Rico to Dolores River Valley |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Builder Name | Maxwell Development |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Water Body Access Y/N | None |
Interior Features
| Interior Amenities | Wet Bar |
|---|---|
| Basement | Finished |
| Fireplace Features | Wood Burning |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 5 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Garage Door Opener |
|---|---|
| Water Source | Well |
| Lot Size Area | 80.18 |
| Spa | No |
| Lot Size Acres | 80.18 |
| Waterfront Y/N | Yes |
| Other Equipment | Fuel Tank(s) |
| Crops Included Y/N | No |
| Horse Y/N | Yes |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 81323
Price
Taxes
Year Built
Visits
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