TBD 5400 Road, Olathe, CO 81425
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OFF MARKET

TBD 5400 Road
Olathe, CO 81425

    (on 94.19 acres)

    Local Information

    • Map ViewExplore the area around TBD 5400 Road.
    • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    94.19 acres

    About this House

    Introducing Patterson Place Farm, a rare opportunity to own one of the Western Slope’s most fertile and historically productive farmlands. Spanning 94.19 acres, this historic property was originally homesteaded by the renowned Roatcap family and has consistently yielded abundant crops over generations. Located on California Mesa, southwest of Olathe, Colorado, this farm includes 53 acres of meticulously irrigated land renowned for its exceptionally fertile and productive soils, ideal for a variety of crops. The property benefits from extensive soil conservation practices implemented over many years. It is irrigated via gated pipe (included), drawing water from approximately 54 shares of the pristine Highline Canal managed by Uncompahgre Valley Water Users. This reliable irrigation system ensures continuous water supply, sustaining crops well into late fall and even during drought conditions. Situated at an altitude exceeding 5,500 feet, the farm enjoys an optimal climate for cultivating sweet corn, field corn, pinto beans, onions, potatoes, barley, wheat, oats, sunflowers, and alfalfa. Livestock have thrived on this land, and its fertile soil makes it a prime Western Colorado Farm Property. The property features a picturesque hilltop encompassing approximately 40 acres, offering stunning views over 50 miles of local mountain ranges. This elevated area presents potential building sites for one or more homes, complemented by a nearby wetlands area that attracts diverse wildlife. Views from the property include the San Juan and West Elk Mountain Ranges, Black Canyon, Grand Mesa, and the Uncompahgre Plateau, enhancing its appeal as both a productive farm and a scenic retreat. Nestled beneath the Uncompahgre Plateau, with nearby BLM land, the property serves as a sanctuary for wildlife such as mule deer, elk, bear, and pheasant, offering ample opportunities for hunting and outdoor recreation. Trophy bucks have been spotted in the vicinity, further highlighting the area’s natural beauty and diversity. This exceptional farm parcel invites exploration and promises endless possibilities for agricultural innovation and rural living. Whether as a productive farm, a private retreat, or a combined venture, Patterson Place Farm awaits your vision. Come and experience the richness of this land firsthand!
    TBD 5400 Road, Olathe, CO 81425 is a lot/land. It last sold for $625,000 on May 30, 2025 (17% below the $750,000 asking price). It is currently off market.

    Home Details for TBD 5400 Road

    Active Status

    MLS Status: Sold Inner Office

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Phone Available, Propane Required
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Mountain(s), Valley

    Exterior Features

    Frontage
    Road Frontage: County RoadRoad Surface Type: GravelNot on Waterfront
    Water & Sewer
    Sewer: Septic Tank
    Farm & Range
    Allowed to Raise HorsesIncludes Irrigation Water Rights
    Surface & Elevation
    Topography: Level, Sloping

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Single Family, Ag/Row Crops, Livestock, Hay Pasture/Prod., Horses, Hunting, Irrigated FarmlandParcel Number: 372514300006

    Price & Status

    Price
    List Price: $750,000

    Location

    Direction & Address
    City: OlatheCommunity: None
    School Information
    Elementary School: Open EnrollmentJr High / Middle School: Open EnrollmentHigh School: Open Enrollment

    HOA

    No HOA

    Lot Information

    Lot Area: 94.19 Acres

    Miscellaneous

    Mls Number: 817516
    Last check for updates: about 15 hours ago
    Listed by Gary Hubbell, (970) 872-3322
    United Country Colorado Brokers, Inc.
    Jake Hubbell, (970) 250-9396
    United Country Colorado Brokers, Inc.
    Bought with: Jake Hubbell, United Country Colorado Brokers, Inc.
    Co-Buyer's Agent: Gary Hubbell, United Country Colorado Brokers, Inc.
    Source: CREN, MLS#817516

    Price History for TBD 5400 Road

    DatePriceEventSource
    05/30/2025$625,000Sold
    CREN #817516
    03/20/2025$750,000Listed For SaleCREN #817516
    02/20/2025$750,000ListingRemovedCREN #817516
    02/11/2025$750,000PriceChange
    CREN #817516
    08/29/2024$795,000Listed For SaleCREN #817516

    Market trends in Olathe

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    18
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    Comparable Sales for TBD 5400 Road

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Parcel 1 Falcon Road, Olathe, CO
    1.04
    Lot/Land
    $260,000
    11/14/25
    -
    -
    TBD Hickory Road, Olathe, CO
    2.29
    Lot/Land
    $450,000
    10/10/25
    -
    -
    TBD 5500 Road, Olathe, CO
    3.36
    Lot/Land
    $575,000
    10/08/25
    -
    -
    3726 5500 Road, Olathe, CO
    3.26
    Lot/Land
    $158,000
    04/08/26
    -
    -
    Lot 3 5500 Road, Olathe, CO
    3.31
    Lot/Land
    $157,500
    04/08/26
    -
    -
    Lot 2 Ida Road, Montrose, CO
    4.62
    Lot/Land
    $170,000
    04/28/26
    -
    -
    TBD 5675 Road, Delta, CO
    5.49
    Lot/Land
    $1,087,405
    07/09/26
    -
    -
    Parcel 1,Lot 2& Parcel 2,Tract A N. River Road, Olathe, CO
    5.10
    Lot/Land
    $257,000
    02/13/26
    -
    -
    Lot 4 Chantelle Lane, Delta, CO
    5.30
    Lot/Land
    $136,000
    02/13/26
    -
    -

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    Assigned Schools

    These are the assigned schools for TBD 5400 Road.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Olathe

    At least 3 Trulia users voted on each feature.

    • 100 % Say yards are well-kept

    • 100 % Say it's walkable to grocery stores

    • 100 % Say kids play outside

    • 89 % Say there's holiday spirit

    • 83 % Say parking is easy

    • 80 % Say there are community events

    • 75 % Say it's dog friendly

    • 75 % Say people would walk alone at night

    • 71 % Say streets are well-lit

    • 63 % Say car is needed

    • 60 % Say it's walkable to restaurants

    • 60 % Say there's wildlife

    • 57 % Say neighbors are friendly

    • 44 % Say it's quiet

    • 29 % Say there are sidewalks

    • 25 % Say they plan to stay for at least 5 years

    Sourced by Trulia users. Learn more about our methodology.
    • Y96pbypkv6
      "It’s a nice farm town. People help each other out. The streets are clean. We even have a nice little grocery store so we don’t have to drive to a bigger town to get last minute things."
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    • Karih2015
      "I’ve lived in this neighborhood almost my entire life. It’s a small nice town, most people are very friendly. The town is a bit outdated but it’s still welcoming and peaceful to live in the area. I have enjoyed my years living here but I do not see myself living here for the rest of my life. Although I plan on moving away I would still come and visit. I have a lot of family living here in Olathe and I have made many memories here it’s a nice place to grow up. As I have been growing up I have been drawn closer to the city. I enjoy this neighborhood and would return to visit when possible. "
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    Homes for sale near TBD 5400 Road

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    Off Market Homes Near TBD 5400 Road

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