About This Home

This 4-bedroom, 2-bathroom single family at 318 27 3/8 Road in Grand Junction, CO is listed for $424,900 ($264 per sqft). Built in 1949, the home offers 1,610 sqft of living space on a 0.94 acres lot.

Key Features

  • Built in 1949
  • 0.94 acre lot
  • Fireplace

Property Details

1 story
2 full
2-car garage
1949

Amenities

FireplaceA/CRV Parking
Listing Description

**UNLIMITED POSSIBILITIES!** This 4-bedroom, 2-bathroom property offers a rare opportunity to own nearly an acre of land in a convenient Orchard Mesa location. Situated on approximately **0.94 acres and zoned R-8**, this property offers exceptional flexibility for homeowners, investors, developers, or anyone looking for room to grow.

The existing home provides plenty of space with 4 bedrooms and 2 bathrooms, while the expansive lot opens the door to countless possibilities. **Potential to add an ADU** or explore additional development opportunities, subject to zoning and city/county approval.

Whether you're looking to create a multi-generational living setup, generate rental income, build additional housing, or simply enjoy the extra space, this property gives you options that are hard to find. Location is a major plus! You're **across from Orchard Mesa Pool** and just minutes from the **Orchard Mesa Skate Park**, parks, schools, shopping, dining, and other Grand Valley amenities. Enjoy easy access to outdoor recreation, while still being close to everything Grand Junction has to offer.

Monthly Cost Estimate

$2,272/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,841
Insurance$124

Estimates only. Actual payments may vary.

Location

318 27 3/8 Road

Grand Junction, CO 81503

Area 18 M&B AYB

Features & Amenities

Interior Features

CeilingFansMainLevelPrimaryWindowTreatmentsWorkshop

Property Details

Flooring

LinoleumLaminate

Construction

Masonite WoodFrame

Outdoor Features

Patio

Parking

RVCarport

Heating

Hot Water(Heating)Baseboard

Appliances

DishwasherElectricOvenElectricRangeDisposalRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom single family at 318 27 3/8 Road is listed at $424,900 ($264/sqft). The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1949, 0.94 acre lot, Fireplace. Interior Features: CeilingFans, MainLevelPrimary, WindowTreatments.

This property is listed by The Shafer Team - Ernie Martin.

TM

The Shafer Team - Ernie Martin

Agent at COLDWELL BANKER DISTINCTIVE PROPERTIES

Listed by COLDWELL BANKER DISTINCTIVE PROPERTIES · Broker phone: 970-243-0456 · View on Broker Site

MLS# 20264006· Source: Grand Junction Area Association of Realtors· 80 days on PropertySimple

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

318 27 3/8 Road, Grand Junction, CO 81503

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