1270 County Road 240, Glenwood Springs

$38,647,000

0 Bed
0 Bath
1123 Acres
0 Garage

"The Farm on the Colorado" is a resource-filled, legacy investment opportunity consisting of approximately 1,123-acres in the bustling Colorado River Valley west of Glenwood Springs, and just one hour to Aspen and Vail. Identified in Garfield County's Comprehensive Plan as a prime location for future development, the property is located within the Town of New Castle's Urban Growth Boundary and adjacent to the town border, so depending on a new owner's plans it can be ripe for annexation. This is a large, versatile, farm & ranch that is currently in agricultural use, with over 16 CFS of water rights (that's over 10,800 annual acre-feet) that irrigate approximately 300 acres. With nearly two miles of frontage on the Colorado River, a 10-acre lake for water-skiing and SUP, quality hunting, and scenic views, this asset is not only investment-grade real estate, but a sporting ranch to be enjoyed while a new owner positions the property to meet one's investment and development goals.

Essential Information
MLS® #964583
Price$38,647,000
Bathrooms0.00
Acres1,123.00
TypeLot / Land
StatusActive - Active
Community Information
Address1270 County Road 240
AreaNew Castle
SubdivisionNA
CityGlenwood Springs
CountyGarfield
StateCO
Zip Code81601
View

Back Range/Snow Capped, Foothills View, Water View, 360 Degree

Lot Description

Wooded Lot, Deciduous Trees, Native Grass, Level Lot, Rolling Lot, Abuts Stream/Creek/River, Abuts National Forest, Mountains, Meadow, Outbuildings, Abuts Farm Land, Rural, Unincorporated

School Information
DistrictGarfield RE-2
Additional Information
Days on Market9
ZoningRR-2
Listing Details
OfficeMirr Ranch Group
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Listing information last updated on May 25th, 2022 at 12:49am MDT.