Farm · Active
Parachute, CO 81635
0 Baths
$8,280,000
Ranch
Property Type
1,440 acres
Lot Size
839855
MLS #
About This Property
Wallace Creek Ranch is a rare, large landholding on Colorado's Western Slope - 1,440+/- deeded acres paired with roughly 5,000+/- leased acres and three BLM grazing allotments, offering the kind of scale, live water, and public-land access that rarely comes to market. Wallace Creek winds nearly a mile through the property, Spring Creek crosses it, and a stocked pond anchors the upper end, feeding roughly 350+/- irrigated acres via side-roll sprinklers, a big gun, a center pivot, and flood irrigation (water rights include 1st priority 5.8 CFS, 2nd priority 2 CFS, and 6 CFS high water; buyer to confirm shares, decree, and priority dates). The ranch currently supports approximately 140 animal units May through December alongside hay production under a ranch tenant - a turnkey operation for a buyer who wants working income from day one. Tenant-owned USFS grazing permit offered separately.
Elevations climb from 5,700 to 6,600 feet across level pasture, rolling foothills, and a cottonwood-lined creek bottom studded with oak, pinon, and juniper - terrain that offers multiple homesites with sweeping Western Slope views. For the sportsman, this is trophy country: located in GMU 42 with over-the-counter 2nd and 3rd rifle elk tags and a history of six landowner buck tags annually, the ranch sits along heavy elk and mule deer migration routes and hosts black bear and turkey. Nearly two miles of BLM boundary and White River National Forest just a half-mile south open up public land far beyond the fence line. Year-round access comes via County Road 306, with electric service at the road and internet available through satellite, fiber, or fixed wireless - remote enough to feel like your own world, close enough to live in it: Rifle is 15 minutes away, with Glenwood Springs and Grand Junction under an hour.
Whether the vision is a working cattle operation, a private hunting retreat, or a legacy family compound, Wallace Creek Ranch delivers the water, the wildlife, and the wide-open Western Slope scale to make it possible.
3 days on market
Listed by Reese Lovell · Full Curl Ranches · 970-239-1513
Property Details
| Property Type | Farm |
| Sub Type | Ranch |
| Status | Active |
| Subdivision | None |
| MLS # | 839855 |
| Days on Market | 3 |
| Lot Size (Sq Ft) | 62,726,400 |
| Acres | 1440 |
| Annual Taxes | $1,511 |
| Tax Year | 2025 |
| State | CO |
| County | Garfield |
| Zoning | Agriculture |
| Garage | No |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/19/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #839855 |
$8,820,000 +6.5% |
| 9/7/2026 |
Listing removed Source: Colorado Real Estate Network (CREN) #838466 |
— |
| 9/7/2026 |
Price change Source: Colorado Real Estate Network (CREN) #838466 |
$8,280,000 |
| 8/24/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #838466 |
$8,280,000 +150.9% |
| 5/6/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #834469 |
$3,300,000 |
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