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$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
$948,000
S1067655 MLS
Almost 9-acre slice of paradise sits between Keystone Resort and the quaint mountain town of Montezuma—with the Snake River running right through it. With 600 feet of river frontage on both sides, it’s the kind of spot that makes you stop, breathe deep, and never want to leave. The property is fully set up for mountain living or adventure right now with a large finished drive, water and propane. There’s also a charming, little cabin (pump house) where you can sit on the deck and enjoy the sounds of the river. The property already has a well and septic system and comes with plans for a beautiful home designed by local, award-winning BHH Architects. Picture your future home perched above the river with sweeping views of Glacier Mountain, surrounded by nothing but trees, trails, and pure peace. With the option to build a bridge across the Snake River and access the other side, there are multiple building opportunities. In one direction, you’re just 4.5 miles from skiing at Keystone. In the other direction, you have endless wilderness access, with trails for backcountry skiing, hiking, biking, and exploring right out your door. Whether you’re seeking total privacy, a peaceful escape, or the perfect place to build your dream mountain cabin, this land checks all the boxes. Quiet. Secluded. Beautiful. And ready to enjoy now.

5080 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
$775,000
S1061815 MLS
Rare Montezuma Homesite Backing to National Forest – Ready to Build. Discover an exceptional opportunity to own 4 private acres in the historic mountain town of Montezuma, just minutes from Keystone Resort. Surrounded by towering peaks and backing directly to National Forest, this property offers immediate access to year-round adventure including hiking, biking, 4x4 trails, snowshoeing, backcountry skiing, and world-class resort skiing. Thoughtfully designed architectural plans for an energy-efficient 3-bedroom, 2-bath mountain home with loft and attached 1-car garage are included, allowing you to bring your vision to life with ease. Significant groundwork has already been completed with active permits in place, foundation poured, septic system installed, well drilled, and electricity connected—saving valuable time and expense as you move toward construction. Whether you’re seeking a private mountain getaway or future full-time residence, this ready-to-build property combines privacy, recreation, and convenience in one of Summit County’s most unique alpine settings.

5400 Montezuma Rd, Montezuma