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518 W 5th Street, 
Palisade, CO 81526

$599,000


3

Beds


2

Baths


1,968

Sq Ft


Single Family

Active

Listed by

Doug And Lindsey Yochem

The Christi Reece Group

970-589-7700

Last updated:

July 14, 2025, 11:38 PM

MLS#

20253002

Source:

CO GJARA

About This Home

518 W 5th Street

Welcome to W 5th Street and this rare find in Palisade! For the first time in years, a home in this quiet, tucked-away neighborhood is hitting the market - and it’s packed with updates and potential. Sitting on a spacious half-acre lot, this property offers room to stretch out, inside and out, all in a location that’s hard to beat. The home has seen a long list of recent upgrades, including a new roof, evaporative cooler, new carpet, fresh paint, and more - so the heavy lifting is already done. Inside, you’ll find a comfortable and open living area, with a pellet stove that adds warmth and character. The kitchen brings a bit of vintage charm and features a pass-through window to the large rec/family room, which is a perfect spot for gathering with friends or relaxing after a day on the trails. The primary bedroom includes a three-quarter bath, while two additional bedrooms share a full bath just down the hall. Whether you need guest space, a home office, or just a bit more room to breathe, this layout checks the boxes. Out back, the covered deck looks out over a huge yard that’s ready for your vision. There’s space for gardening, games, or simply enjoying the views of the Bookcliffs and the Mesa. You’ll also find a shed, plus a detached garage/shop that’s great for storage, hobbies, or workspace. And let’s talk location: you’re close to everything that makes Palisade so special - just minutes from town, and right near the local park with pickleball courts, soccer fields, and the community pool. It’s a great mix of privacy, space, and convenience. This is more than just a property - it’s a great opportunity in a tight-knit neighborhood where homes rarely become available. Schedule your showing and come see what makes this place so special.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1975

Price Summary

599,000

$304 per Sq. Ft.

MLS #:

20253002

Last Updated:

July 14, 2025, 11:38 PM

Added:

23 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,968 Sq. Ft.


Structure

Structure

Building Area:

1,968 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

24,829


Finances & Disclosures

Finances

Price:

$599,000

Price per Sq. Ft:

$304 per Sq. Ft.

Source:CO GJARA
The information being provided by Grand Junction Area REALTORS Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Grand Junction Area REALTORS Association All rights reserved.
See this home in person
518 W 5th Street
Attend an upcoming open house
Sun, Jul 20
11:00 AM01:00 PM

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.