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26217 Road 38.5, Dolores, CO 81323

$3,995,000
Property Type: Residential Bedrooms: 5 Lot Size (sq. ft.): 3,492,641 Status: Active
Current Price: $3,995,000 List Date: 6/03/2026 Last Modified: 9/02/2026

Overview

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.

Supplements: 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 Southwes ...

Listing Details MLS# 44552

Listing Location Info

Sub-Type
County Over 35 Acres
Area
Rico to Dolores River Valley
Asking Price
3995000
Street #
26217
Street Name
Road 38.5
City/Town
Dolores
County
Montezuma County
State/Province
CO
Postal Code
81323

Keywords Info

Flex Room
Yes
Full Baths
4
Age
1 - 3 Years
Deed Restrict
None

General Info

Nbr of Acres
80.18
Irrigation Y/N
Yes
Subdivision
None
Zoning
Agricultural
Legal
Various
Est Finished SqFt
4350
Source SqFt
Owner
Builder
Maxwell Development
Year Built
2025
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 majority of the assemblage comprises much of the property between Road 38.5 and Highway 145.
View 1
Dolores River Valley
View 2
Red rock cliffs

Financing Info

Assessor's Acct #
R019093
Taxes
5134.8
Tax Year
2025
HOA Mangment Company/Info
None.
RETT
None

Utility Info

Phone Lines
Regular Phone
Primary Heat
In-Floor

More Information

Property Features

Disclosures: Seller is Agent; Wetlands Furnished: None Style: Contemporary; Ranch Construction: Frame Covered Parking: 2 Car; Garage Open Area Parking: 3 Car + Substructure: Finished Basement Heat: Forced Air; Gas Fireplace: 1; Wood Burning Sanitation: Septic Water: Well Gas: Propane Tanks Electric: Power Company Roof: Metal Exterior Finish: Stucco Access: County; Gravel; Paved; State Special Location: Borders Nat'l Forest; Borders River; Nat'l Forest Service; Open Space; Rural Animals: Horses Permitted; Livestock Permitted Appliances: Dishwasher; Disposal; Freezer; Gas Oven/Range; Microwave; Refrigerator Extras: Air Conditioning; Game Room; Garage Door Opener; Patio/Deck; Wet Bar
IDX
Listing Office: Telluride Properties Main St.
Listing Agent: TD Smith
Last Updated: September - 02 - 2026
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