Waterfall Canyon Homes under $500,000

Welcome to Waterfall Canyon, a hidden gem nestled in the picturesque city of Montrose, Colorado. This charming subdivision offers a perfect blend of natural beauty and modern living, making it an ideal choice for families, retirees, and anyone looking to enjoy the serene Colorado lifestyle.

Waterfall Canyon is characterized by its stunning landscapes, featuring breathtaking mountain views and lush greenery that create a tranquil environment. The community is designed to foster a sense of connection among residents, with friendly neighbors and well-maintained common areas that invite outdoor activities and social gatherings.

One of the most appealing aspects of Waterfall Canyon is its affordability. With homes available under $500,000, this subdivision presents an incredible opportunity for homebuyers seeking value without compromising on quality. The properties in this area range from cozy starter homes to spacious family residences, each thoughtfully designed to maximize comfort and functionality. Many homes feature contemporary finishes, open floor plans, and outdoor spaces perfect for enjoying the stunning Colorado sunsets.

Living in Waterfall Canyon means embracing an active lifestyle, with nearby parks, hiking trails, and recreational facilities that cater to outdoor enthusiasts. Additionally, the vibrant city of Montrose offers a variety of shopping, dining, and entertainment options, ensuring that residents have everything they need within reach.

Discover the charm of Waterfall Canyon today, where your dream home awaits in the heart of Montrose, Colorado! Experience the perfect balance of affordability, community, and natural beauty in this delightful subdivision.

Newest Waterfall Canyon Homes under $500,000

$475,000

3 Beds ⋅ 2 Baths ⋅ 839391 MLS

Welcome to this beautifully maintained, one-owner home built in 2017, offering the perfect combination of comfort, style, and convenience. The inviting open floor plan creates an easy flow between the living room, kitchen, and spacious, light-filled dining area, while the desirable split-bedroom layout provides added privacy. The kitchen features granite countertops and plenty of room for everyday living and entertaining. With three bedrooms and two bathrooms, this home has been thoughtfully cared for and is truly move-in ready. Outside, the attractive xeriscaping offers beauty with low-maintenance upkeep. The privacy-fenced backyard, surrounded by bushes and trees, creates a cozy, secluded setting, while the pergola provides a welcoming place to relax and enjoy the outdoors. A utility sink in the garage adds extra convenience. Enjoy a peaceful country feel while still being close to town, shopping, dining, and everyday amenities.

1411 Blue Lake Dr, Montrose

$400,000

3 Beds ⋅ 2 Baths ⋅ 839347 MLS

A RARE FIND in today’s market! Built in 2021 and ideally situated in the desirable Waterfall Canyon subdivision, this beautifully maintained Montrose home offers modern style, a functional floor plan, and move-in-ready convenience—all at a price designed to make you take notice! Charming curb appeal welcomes you with a covered front porch, while the interior delivers a light, bright aesthetic accented by cool neutral tones, high ceilings, and sharp, contemporary fixtures and finishes. The open main living area creates an inviting gathering space and flows seamlessly into the kitchen and dining area. The kitchen is both stylish and functional, featuring sleek granite countertops, abundant cabinetry, a pantry, and a spacious island with additional seating. And that striking black stainless appliance package—including the gas range? It’s all included! With plenty of room for island seating and a dedicated dining area, this space is ready for everyday living and entertaining alike. Step through the sliders onto the covered back porch and discover a blank-slate backyard with room to create your own outdoor oasis. The yard backs to an open field, giving the space an added sense of privacy and expansive views that make the backyard feel even larger. Convenience continues down the hall with access to the oversized attached 2-car garage, a dedicated laundry room complete with the included washer and dryer, and a full hallway bath. The spacious primary suite offers a peaceful retreat with a walk-in closet and private ensuite bath, while two additional good-sized bedrooms provide flexibility for guests, family, a home office, or whatever your lifestyle requires. Move-in ready, built in 2021, ideally located, and priced to SELL—with built-in equity already in place! This is the opportunity you’ve been waiting for. Make it yours today, and let us bring you home!

232 Howard Fork Ave, Montrose

$499,900

3 Beds ⋅ 2 Baths ⋅ 837814 MLS

Welcome to this beautifully upgraded home in the desirable Waterfall Canyon subdivision! Built by Uncompahgre Valley Builders, this thoughtfully designed 3-bedroom, 2-bath home offers an inviting open-concept layout with quality finishes throughout. The spacious great room flows seamlessly into the kitchen, featuring granite countertops, quality wood cabinetry, a large island, and stainless steel appliances; perfect for both everyday living and entertaining. What truly sets this home apart are the extensive upgrades already completed for you. Enjoy a custom built-in bar complete with a beverage cooler, elegant window coverings, and luxurious in-floor radiant heat in the primary bathroom for year-round comfort. The primary suite offers a relaxing retreat with a walk-in shower, soaking tub, and large walk-in closet. Outside, the front yard is fully landscaped for outstanding curb appeal, while the backyard offers the best of both worlds, an automatic sprinkler system has already been installed, leaving a blank canvas ready for you to design the outdoor oasis you've always envisioned. Whether it's a lush lawn, outdoor kitchen, fire pit, or garden retreat, the groundwork has already been done. Additional features include central air conditioning, a gas fireplace, an attached two-car garage, covered front porch, covered back patio with upgraded stonework, and convenient single-level living with no interior steps. This move-in ready home combines modern comfort with thoughtful upgrades to create a truly exceptional package.

248 Howard Fork Ave, Montrose

$480,000

3 Beds ⋅ 2 Baths ⋅ 836812 MLS

This beautiful semi-custom home is move in ready! Built in 2021, this stylish 3 bedroom and 2 bath home is a perfect place to put down new roots. With solid surface flooring through out the home, there is a rich and classy vibe that welcomes you as you enter. Having an open concept in the main living area allows for perfect gathering moments. There is an electric fireplace for ambience that can stay with the home. The kitchen boasts beautiful cabinetry, granite countertops, an island with sink and dishwasher, and a spacious corner pantry. The primary suite was enlarged and includes a beautiful and spacious 5 piece ensuite as well as a large walk-in closet. The split floor plan gives way to 2 additional bedrooms and a full bathroom on the other side of the home. There is a large laundry/mud room with built in cabinets, space for folding clothes, and a coat and shoe area that is ideal as you leave the garage and enter the home. The home features a much appreciated 3 car garage, as well as landscaping and a back yard with privacy fence.

703 Pilot Knob Ave, Montrose

$469,000

3 Beds ⋅ 2 Baths ⋅ 835420 MLS

TO BE BUILT! Fabulous pond-front Lot - Brand NEW build ready end of 2026! VIEWS VIEWS VIEWS! Pond views, and located right next to the fish-stocked community pond as well. This 3 bedroom, 2 bathroom Spring Floor Plan in Waterfall Canyon features the striking finishes Sandoval Construction is known for. Attractive light quartz countertops in the open concept kitchen with an island, all-included kitchen appliance package (range/oven, refrigerator, dishwasher, and sink does include a disposal) and gorgeous cabinets. This floor plan offers a functional layout with spacious primary bedroom suite, walk-in closet, and an appealing main bathroom with stunning plumbing fixtures. White windows and an inviting front door, and a mix of contemporary and traditional design features make a lovely impression. Schedule your showing today and make this your brand NEW home sweet home today! *Images provide are renderings and actual home finishes may vary from rendering.

913 Carbonero Ave, Montrose

$485,000

3 Beds ⋅ 2 Baths ⋅ 833461 MLS

Dazzling Newer Construction Offering with Upgraded Finishes, Perfect Floor Plan, and Bordering Open Space! Call this elevated Waterfall Canyon gem home which delivers quality and custom touches throughout, while maintaining an approachable price point. Step inside to soaring vault ceilings, streaming natural light, and a practical, versatile open concept floor plan that will make your home the place to be. The discerning buyer will see upgrade upon upgrade in this custom, chef's kitchen, with a massive pantry, huge island with eat-in seating, shaker-style, soft-close cabinetry, gorgeous appliances, and an ergonomic layout, bringing enjoyment back into menial tasks. The en-suite is oversized and would accommodate additional furniture, a workspace or a reading nook with ease. Your en-suite bath oasis is waiting for you, complete with an on-trend tiled walk-in shower, large windows to accentuate more natural light, as well as 2 spacious vanities. 2 guest bedrooms bring more flexibility for a home office or workout room, or just more room for whoever and whatever you're bringing with you. The garage is set up for plenty of storage with an abundance of shelving and has plenty of room to tinker and store projects. Sit back and relax on your back patio and watch the sun rise with your morning coffee, and enjoy natural shade through the hot summer months. It is also bordered by HOA-owned open space, ensuring that you will not be jammed up against someone else's backyard, sacrificing privacy. With a solar system increasing efficiency and delivering more financial freedom, tasteful but not overbearing covenants to protect your value and long-term quality of life, and a timeless floor plan adorned with luxurious finishes, is this even a decision? Experience it For Yourself Today!

624 Howard Fork Ave, Montrose

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