Residential · Active
Carbondale, CO 81623
10 Beds · 12 Baths · 12,000 Sq Ft
$19,500,000
Single Family
Property Type
450 acres
Lot Size
1960
Year Built
$1,625
Price per Sq Ft
10
Parking Spaces
192678
MLS #
About This Property
Behold 450 spectacular acres in the shadow of majestic Mt. Sopris. Welcome to Turnabout Ranch! Neighbors include elk, deer, turkey, grouse and bald eagles.
Boasting 360-degree views of the Elk Mountain range, the Crown, Huntsman Ridge and Sunlight Mountain, this former world-class cattle operation retains rare grazing permits for access to adjacent public lands. Hay and alfalfa are still grown and cut on the property, thanks to significant water rights as well as the ranch's extensive ditch and underground irrigation system. Turnabout Ranch is also teed up for all manner of equestrian disciplines. The ranch is uniquely entitled to allow a 40,000 square foot equestrian center!
Approvals are locked in & and include a 20,000 square foot indoor riding arena, a 16,000 square foot 24-stall horse barn, and a 4,000 square foot indoor round pen. The existing main residence can be redeveloped or replaced up to 12,000 square feet. Three (3) additional home sites can accommodate up to 7,000 square feet of FAR, all without the use of TDR's!! Gated and private, yet just a short drive to shops and restaurants in thriving Carbondale.
Gold Medal fishing, world class skiing, downtown Aspen and two airports are all right down the road. This ranch was legendary in its heyday and will be again with the next owner's grit and determination. The legacy of the West, as you envision it, awaits!
169 days on market
Listed by Scott Bayens & Craig Morris · Aspen Snowmass Sotheby's International Realty - Hyman Mall · (970) 925-6060
Property Details
| Property Type | Residential |
| Sub Type | Single Family Residence |
| Status | Active |
| Price per Sq Ft | $1,625 |
| Subdivision | None |
| MLS # | 192678 |
| Days on Market | 169 |
| Bedrooms | 10 |
| Full Baths | 6 |
| Half Baths | 2 |
| Three-Quarter Baths | 4 |
| Year Built | 1960 |
| Lot Size (Sq Ft) | 20,000,000 |
| Acres | 450 |
| Annual Taxes | $13,685 |
| Tax Year | 2026 |
| State | CO |
| County | Pitkin |
| Zoning | AG |
| Interior Features | Elevator |
| Heating | Radiant, Hot Water, Electric, Baseboard |
| Cooling | A/C |
| Fireplaces | 3 |
| Fireplace Features | Gas, Wood Burning |
| Garage | Yes |
| Garage Spaces | 10 |
| Roof | Metal, Composition |
| Basement | Finished, Crawl Space |
| Lot Features | Landscaped |
| Architectural Style | Ranch |
| Construction | Concrete, Brick Veneer, Wood Siding, Stone, Log, Frame, Brick |
| Sewer | Septic Tank |
| Water Source | Well, Well, Well |
| New Construction | No |
| Listing Terms | Cash, New Loan |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 6/29/2026 |
Price change Source: Aspen Glenwood MLS #192678 |
$19,500,000 -11.4% $1,625/sqft |
| 5/4/2026 |
Listed for sale Source: Aspen Glenwood MLS #192678 |
$22,000,000 -2.2% $1,833/sqft |
| 10/27/2025 |
Listing removed Source: Aspen Glenwood MLS #188117 |
— |
| 5/8/2025 |
Listed for sale Source: Aspen Glenwood MLS #188117 |
$22,500,000 +79.3% $1,875/sqft |
| 6/29/2021 |
Sold Source: Aspen Glenwood MLS #156510 |
$12,550,000 -17.2% $1,046/sqft |
| 6/29/2021 |
Price change Source: Aspen Glenwood MLS #156510 |
$15,150,000 -14.2% $1,263/sqft |
| 10/12/2018 |
Listed for sale Source: Aspen Glenwood MLS #156510 |
$17,650,000 $1,471/sqft |
Copyright 2026 Aspen Glenwood MLS. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable but is not guaranteed accurate by the MLS.
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