Keystone Real Estate

Newest Town of Montezuma Properties

$1,150,000
3 Beds ⋅ 2 Baths ⋅ S1069821 MLS
Outstanding redevelopment opportunity on the market for the first time in 30 years! Three lots in the center of the Town of Montezuma surrounded by outdoor adventure opportunities guaranteed to improve your quality of living! Welcome to the Montezuma Mercantile, formally the Soul House Cafe and former home to the Mountain Gazette. Today the building is a two-unit property (2-bedroom and Studio) in good condition. Current zoning allows for three single family homes, one on each lot. Montezuma is about 5 miles from Keystone Resort with the ambiance and feel of a “real Colorado” town from the 1800s. Dogs walk the streets and neighbors are friends ready to enjoy the wilderness together. Amazing views in every direction draw you to climb, mountain bike, ski, snowmobile, hike, or 4-wheel the trails that leave right from your front door. This is a wonderful property that is livable and rentable right now, with opportunities to build and develop going forward!

5355 Montezuma Rd, Montezuma
$1,185,000
3 Beds ⋅ 3 Baths ⋅ S1064517 MLS
Discover a rare opportunity in the historic mountain town of Montezuma. This versatile single-family home with a detached garage lives effortlessly as two separate units. Perfect for maximizing flexibility, privacy, and potential income. The upper residence offers two bedrooms, two bathrooms, a den, and its own laundry, creating a comfortable and spacious retreat. The lower unit includes a full kitchen, bedroom, bathroom, den, and private laundry as well, ideal for guests, multi-generational living, or long-term rental income. Whether you're seeking a serene high-country escape, a dual-living setup, or a property with exceptional investment upside, this unique offering provides endless possibilities. Opportunities like this are seldom available in Montezuma, don’t miss your chance to secure a foothold in one of Colorado’s most charming alpine communities. The home adjacent to the property, 5277 Montezuma Road is offered at $595,000, 5291 Montezuma Road is offered at $1,200,000, purchase both properties for $1,700,000!

5291 & 5293 Montezuma Rd, Montezuma
$585,000
1 Beds ⋅ 1 Baths ⋅ S1062602 MLS
NEW AND IMPROVED WITH REMODELED KITCHEN AND EXTERIOR!! Mountain Escape in Historic Montezuma. Big Views, No HOA, Minutes to Keystone! Tucked into the quiet mountain town of Montezuma, this one-bedroom, one-bathroom cabin offers an unmatched blend of privacy, scenery, and access to adventure. Surrounded by towering peaks and national forest, you’re just 10 minutes from Keystone Resort and a short drive to Arapahoe Basin, yet far removed from the hustle of the resort towns. Wake up to panoramic views, breathe in crisp alpine air, and enjoy four seasons of outdoor recreation right from your front door. Whether you're into skiing, hiking, biking, or simply unplugging, this is a basecamp built for it all. The basement offers plenty of room for gear storage, gear tuning, and is a fantastic workshop. With no HOA and endless trails nearby, this is true mountain living with the freedom to make it your own. The home adjacent to the property, 5291 Montezuma Road is offered at $1,200,000, 5277 Montezuma Road is offered at $595,000, purchase both properties for $1,700,000!

5277 Montezuma Rd, Montezuma
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