Residential · Pending

3961 114 County Rd Road

Glenwood Springs, CO 81601

3 Beds · 4 Baths · 1,956 Sq Ft

$4,000,000

Single Family

Property Type

184 acres

Lot Size

1909

Year Built

$2,045

Price per Sq Ft

194243

MLS #

About This Property

Rivendell Farm and Commercial Agriculture Center

Offered for the first time at this price, this unique farm is the only one of it's kind! The farm has 174 acres of agricultural land, senior water rights at 6 cf per second year round, commercial zoning and residential zoning. It's one of a kind and ready for a new vision!

History

This established, family-owned Colorado operation offers a prime opportunity to own a legacy of quality in the Roaring Fork Valley. For over 30 years, Rivendell Distribution has successfully grown high-altitude bluegrass sod specifically engineered for the Western Slope's challenging climate.

The business has evolved from a specialized farm into a diversified wholesale operation, providing a complete ecosystem of premium fertilizers, soil amendments, and industry-leading brands to a loyal client base of local customers, landscapers, golf courses, and nurseries. With recent infrastructure upgrades and a transition to holistic land management, the farm of 172 acres in the Aspen Valley Conservation easement, is able to shift from sod to additional revenue streams for performance and growth. Sod, grazing, hay and tree farming are a few options available for use on the farm. The current operator of Rivendell Distributing has a thriving business that occupies 2 acres of the 7.4 acre commercial agriculture parcel. The lease generates an average of 5,500.00 a month until July 2031. The remaining 5+/- acres may be used and developed under commercial agriculture zoning or split into commercial agriculture and 2.4=/- acres of residential.

The diversity of options available for this farm, coupled with the demand for commercial and residential land, creates a unique opportunity for prospective buyers. This is a chance to acquire an agriculturally based business, along with an income stream from a current operator under lease, and options to develop 5.4 acres as additional commercial land or spilt into a single residential home site. The history of the farm, its location, and potential invite opportunity. Schedule a visit to Rivendell Farm and see the beauty of the land for yourself!

Welcome to Rivendell Farm and Commercial Agriculture Center Now

The farm encompasses 180 +/- acres, including 150+/- acres of irrigated meadow. This property has a rich history of versatility and profitability. As you pull onto the property you encounter a thriving commercial operation with 6 buildings, all utilized as a working landscape distribution center.

There are 4 sources of water on the property that have helped produce over $1,000,000.00 in revenue a year in sod without ever running dry! Due to interest in preserving the soil, the owner diversified from sod to hay, laying the foundations to produce up to 750 tons of high-quality hay annually.

Later in the life of the farm, it was used as a ranch, focusing on a finishing capacity of up to 100 head of cattle, fed with quality grass and clean water. Although the operations have quieted on the farm, the potential has not. The value of the land has remained strong, and the water continues to flow year after year from the senior water rights that run with the property. The 174+/- acres is part of the Aspen Valley Land Trust Easement which ensures no large scale development is possible and secures the natural beauty of the land and valley of its agricultural potential won't be lost.

Exceptional Water Rights

The farm's life blood is fed by some of the oldest adjudicated water rights in the region, with priority dates reaching back to 1889. This farm has senior water rights on the ditch with one other share being less than a 1/10. The primary water flows from an underground aquifer and is filtered through basalt rock as it runs year round through the property at an average of 50 degree Fahrenheit. The flow is constant, adj

63 days on market

Listed by Casey Adams · Great Plains Land Company · 405-255-0051

Last updated: 8/24/2026 9:36 AM · Source: Aspen Glenwood MLS, MLS#: 194243

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Pending
Price per Sq Ft $2,045
Subdivision Elk Springs
MLS # 194243
Days on Market 63
Bedrooms 3
Full Baths 2
Half Baths 1
Three-Quarter Baths 1

More Details

Year Built 1909
Lot Size (Sq Ft) 7,971,480
Acres 184
Annual Taxes $11,251
Tax Year 2025
State CO
County Garfield
Zoning Ag

Interior

Total Rooms 3

Exterior & Parking

Garage No

Building & Lot

Water Source Well, Other, Well
New Construction No

Location

Price History

DateEventPrice
8/24/2026 Pending
Source: Aspen Glenwood MLS #194243
—
8/19/2026 Listed for sale
Source: Aspen Glenwood MLS #194243
$4,000,000 -18.4% $2,045/sqft
10/28/2025 Listing removed
Source: Aspen Glenwood MLS #184391
—
9/24/2025 Price change
Source: Aspen Glenwood MLS #184391
$4,900,000 -16.9% $2,505/sqft
9/24/2025 Price change
Source: Aspen Glenwood MLS #184391
$5,900,000 -7.8% $3,016/sqft
4/23/2024 Listed for sale
Source: Aspen Glenwood MLS #184391
$6,400,000 $3,272/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.

Listing information last updated August 24, 2026 at 9:36 AM.

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