Land · Active

38153 Coburn

Paonia, CO 81428

0 Baths

$1,987,000

Agriculture

Property Type

72 acres

Lot Size

837984

MLS #

About This Property

River Springs Ranch is set on 72 riverfront acres with Abundant Water The property located on the North Fork of the Gunnison River is a rare offering defined by abundant water, exceptional privacy, and captivating views. Comprised of two legal parcels with the ability to build up to four residences, the property includes one domestic water tap, with the opportunity to utilize one of the natural springs as a domestic water source for additional homes (please see attached documents for details). Water is one of the ranch's greatest assets. Nine natural springs are decreed to provide 0.5 cfs, complemented by 16.5 shares of Paonia Ditch water—one of the North Fork Valley's oldest and most reliable irrigation systems, traditionally delivering water into October.

With over a half a mile of river frontage, this property flourishes. Adding to the land’s allure, Short Ditch runs through the property. Positioned at the end of quiet Coburn Road, the ranch enjoys sweeping views of the Grand Mesa, the West Elk Mountains, the North Fork of the Gunnison River, and the surrounding countryside. Soak in this peaceful setting or venture 3 miles to the vibrant town of Paonia, offering a renowned blend of agriculture, art, local food, wineries, and outdoor recreation.

Historically used for cattle grazing, the property currently benefits from favorable agricultural tax status while offering tremendous potential for alternative agricultural ventures, including specialty crops or livestock, orchard, vineyard, or regenerative farming. The property produces a bountiful wild asparagus crop each year. The ranch's wetlands, cottonwood forests, river frontage, and abundant water create an exceptional wildlife habitat. Elk, mule deer, black bear, bald eagles, hawks, cranes, waterfowl, and countless other species frequent the property, making it an extraordinary setting for nature lovers, conservation-minded owners, or wildlife rehabilitation opportunities.

The elk herd has overwintered in the area and has numbered in the 100s. Additionally, Elevate high-speed fiber optic internet is available. Whether envisioned as a private legacy ranch, family compound, conservation property, agricultural enterprise, or water-rich retreat, River Springs Ranch presents a truly unique opportunity in Colorado's North Fork Valley. Located next to a 410 acre conservation easement, the property's exceptional natural resources make it an outstanding candidate for a conservation easement. **Irrigated acreage was estimated by aerial map. Appointment necessary as road easement crosses private land.

79 days on market

Listed by Greta Gibb · Paonia Realty LLC · 970-270-3311

Last updated: 8/14/2026 1:38 AM · Source: Colorado Real Estate Network (CREN), MLS#: 837984

Property Details

Key Details

Property Type Land
Sub Type Agriculture
Status Active
Subdivision None
MLS # 837984
Days on Market 79

More Details

Lot Size (Sq Ft) 3,136,320
Acres 72
Annual Taxes $294
Tax Year 2025
State CO
County Delta
Zoning Agriculture,Residential Single Family

Building & Lot

Water Source Spring, Tap Paid, Domestic Installed/Paid, Tap Installed

Location

Price History

DateEventPrice
8/8/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #837984
$1,987,000

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Listing information last updated August 14, 2026 at 1:38 AM.

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