$435,000

1885 Nichols Way Montrose, CO 81401

$5,166
Closing credit¹
3 beds
1 full
1,064 sqft
1.0 acres
$409 / sqft
House

Property details

About 1885 Nichols Way

Peaceful Living with incredible mountain views, fruit trees & a pond—right in town! Tucked away in a quiet setting that feels like country living, this well-maintained home on 1+ acre offers the best of both worlds—peace and privacy, with the convenience of all the south Montrose amenities including restaurants, shopping and more. Enjoy stunning mountain views, your very own pond, and an abundance of mature fruit trees, including apple, cherry, and mulberry. You'll love the ease of irrigation water for your yard, and the warmth of both a pellet stove and forced air heat. Stay cool in these hot summer months with a swamp cooler. This home is as comfortable as it is charming. Whether you're into outdoor recreation or just love a scenic drive, you're only about 1 to 1.5 hours from great skiing in several directions. This is a rare find—in town, yet it truly feels like a peaceful retreat.

Highlights

Home typeSingle Family Residence
HeatingPropane, Pellet Stove, Forced Air, Wood Stove
StatusActive
(NEW)
CoolingEvaporative Cooling
Size1,064 sqft
Lot size1.043 Acres
Year built1965
ParkingAttached Garage
MLS #825745
Attached garage2 spaces
FireplaceLiving Room
ViewLake, Mountain(s)

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Flooring Type: Carpet-Partial, Laminate
  • Fireplace: Living Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage
  • View: Lake, Mountain(s)
  • Exterior: Irrigation Water,Other, Shed
  • Architectural Style: Ranch
  • Heating: Propane, Pellet Stove, Forced Air, Wood Stove
  • Cooling: Evaporative Cooling
  • List Price: $435,000
  • Price/SqFt: $408
  • Annual Tax Amount: $471
  • Tax Year: 2023
  • Directions: In Montrose, take Townsend to Niagra and turn east to Nichols Way. Turn south and look for the sign.
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,064 SqFt
  • Lot Size: 1.043 Acres
  • MLS Number: 825745
  • Office Name: Vision Real Estate Investments
  • Listing Agent: Leslie Musselmann

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1885 Nichols Way, Montrose, CO 81401 - water view

$435,000

1885 Nichols Way

$5,166

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$17,860$471
2022$12,690$886
2021$13,060$887
2020$11,200$383
2019$11,200$786
2018$9,370$326
2017$9,370$304

History based on county public records data.

Nearby schools

3

Pomona Elementary School

Public District KG-5

1.3 mi

1045 S Cascade Ave

7

Cottonwood Elementary School

Public District KG-5

1.7 mi

3500 Woodgate Rd

3

Johnson Elementary School

Public District KG-5

1.9 mi

13820 6700 Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,301. Most Montrose, CO residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
54%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
13%
Single, with Kids
35%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1885 Nichols Way

The listing price of 1885 Nichols Way property is $435,000.

The property 1885 Nichols Way is a house located in Montrose, Colorado, 81401.

Active Listing: 1885 Nichols Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1885 Nichols Way are: Pomona Elementary School (GreatSchools Rating 3/10), Cottonwood Elementary School (GreatSchools Rating 7/10), Johnson Elementary School (GreatSchools Rating 3/10), Columbine Middle School (GreatSchools Rating 5/10), Centennial Middle School (GreatSchools Rating 4/10), Ridgway Middle School (GreatSchools Rating 7/10), Vista Charter School (GreatSchools Rating 1/10), Montrose High School (GreatSchools Rating 5/10), Peak Virtual Academy (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $471 (source: MLS/based on county public records data).

The property at 1885 Nichols Way has 3 bedrooms and 1 bathroom.

The property 1885 Nichols Way is 1,064 SqFt (source: MLS/tax record).

The year of construction for 1885 Nichols Way is 1965.

This home is located at 1885 Nichols Way in Montrose, CO and zip code 81401. This 1,064 square foot home, which was built in 1965, sits on a 1.04 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $435,000.

The inventory of homes for sale in Montrose, CO between April and May 2025 increased by 53.6%. Listings spent 93 days on the market in May 2025, and had a median list price of $585,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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