$625,000
Last sold price
TBD 5400 Road, Olathe, CO 81425
Currently Off Market - Sold May 30, 2025 for $625,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.04 | Lot/Land | $260,000 | 11/14/25 | - | - | ||
2.29 | Lot/Land | $450,000 | 10/10/25 | - | - | ||
3.36 | Lot/Land | $575,000 | 10/08/25 | - | - | ||
3.26 | Lot/Land | $158,000 | 04/08/26 | - | - | ||
3.31 | Lot/Land | $157,500 | 04/08/26 | - | - | ||
4.62 | Lot/Land | $170,000 | 04/28/26 | - | - | ||
5.49 | Lot/Land | $1,087,405 | 07/09/26 | - | - | ||
5.10 | Lot/Land | $257,000 | 02/13/26 | - | - | ||
5.30 | Lot/Land | $136,000 | 02/13/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.46 | - | - | - | - | Off Market | |
0.45 | $484,200 | 3 | 2.5 | 2,110 | Off Market | |
0.50 | $402,000 | 3 | 2 | 1,404 | Recently Sold | |
0.54 | $670,200 | 2 | 2.5 | 2,475 | Off Market | |
0.63 | $448,300 | 4 | 2 | 1,654 | Off Market | |
0.70 | - | - | - | - | Off Market | |
0.71 | - | - | - | - | Off Market | |
0.71 | - | - | - | - | Off Market | |
0.72 | - | - | - | - | Off Market | |
0.73 | $263,500 | - | - | - | Off Market | |
0.75 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Lot/Land
94.19 acre lot
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). This property is not currently displayed as for sale or rent on Trulia.
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

Home Details for TBD 5400 Road
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MLS Status: Sold Inner Office |
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Appliances & Utilities Utilities: Electricity Available, Phone Available, Propane Required |
Gas & Electric Has Electric on Property |
View Has a ViewView: Mountain(s), Valley |
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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 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Usage of Home: Ag/Row Crops, Livestock, Hay Pasture/Prod., Horses, Hunting, Irrigated Farmland, Single FamilyParcel Number: 372514300006 |
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Price List Price: $750,000 |
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Direction & Address City: OlatheCommunity: None |
School Information Elementary School: Open EnrollmentJr High / Middle School: Open EnrollmentHigh School: Open Enrollment |
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No HOA |
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Lot Area: 94.19 Acres |
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Mls Number: 817516 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 30, 2025 Source: CREN #817516 | Sold | $625,000 |
Mar 20, 2025 Source: CREN #817516 | Listed For Sale | $750,000 |
Feb 20, 2025 Source: CREN #817516 | ListingRemoved | $750,000 |
Feb 11, 2025 Source: CREN #817516 | PriceChange | $750,000 Price decreased by 6% |
Aug 29, 2024 Source: CREN #817516 | Listed For Sale | $795,000 |
Market trends in Olathe
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
23
1MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Frequently asked questions about TBD 5400 Road
- What is the price history for TBD 5400 Road?TBD 5400 Road in Olathe, CO last sold for $625,000 in May 2025.
- Is Olathe a buyer's or seller's market?Olathe is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to TBD 5400 Road?The closest schools to TBD 5400 Road in Olathe, CO are Olathe Elementary School (Pre-K, rated 7/10), Olathe High School (Middle, rated 5/10), Olathe Middle School.
- Does TBD 5400 Road have irrigation?Yes, TBD 5400 Road in Olathe, CO has irrigation.

