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Recreational & Residential Land for Sale in Central City, Colorado

1 Bonanza Rdg, Central City, CO 80427

$4,925,000
72 acres
Active sale
Est $34,267/mo

Introducing Bonanza Ridge—a prominent ridgeline overlooking Historic Central City and one of the most significant mountain land opportunities within Colorado's Central Mining District. Thoughtfully assembled by Bonanza Land LLC over three decades, this approximately 72-acre offering is presented publicly for the first time.

Beginning near Eureka and Barrett Streets, the property follows a mountain crest above the city through mature aspen groves, granite outcroppings, open meadows, and gently rolling terrain. Bonanza Ridge combines immediate proximity to Central City's historic commercial district with the character of an undeveloped alpine landscape. Expansive views extend across Spring Gulch, Quartz Hill, surrounding mountains, and the historic Victorian city below.

The assemblage consists of patented mining claims and city lots. Existing public streets and nearby utility infrastructure provide a foundation for future planning. Bonanza Land LLC's nearby five-home Roworth Heights project demonstrated the successful subdivision, historic review, entitlement, and development process within Central City. Future concepts for Bonanza Ridge remain subject to planning, engineering, zoning, infrastructure design, and governmental approvals. No representation is made regarding density, subdivision potential, utilities, or entitlements.

Few properties combine this scale, history, proximity, and alpine setting. Bonanza Ridge presents an exceptional opportunity for a legacy mountain neighborhood or premier long-term land investment within one of Colorado's most historic communities.

Part of the Bonanza Land LLC Portfolio, available individually or in combination: Nevadaville/Quartz Hill & Prosser Gulch (MLS #4882100), Apex (MLS #5069915), The Fool's Luck Placer (MLS #1869577), Alps Hill (MLS #1771044), and 241 Gregory Street (MLS #8986900).

Complete Portfolio Brochure: https://www.vedamodern.com/bonanzalandllc

Location

Street address
1 Bonanza Rdg
Zip code
80427
Community
Bonanza Ridge
School district
Gilpin RE-1
Elevation
8,697 feet
Coordinates
39.8043, -105.5144

Property details

Acreage
72 acres
MLS #
REcolorado 2516960
Posted

Property taxes

2025
$10,313

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Ownership
Individual
Terms
Cash
Exclusions
None.
Possession
Negotiable

Lot

Vegetation
Aspen, Grassed, Natural State, Partially Wooded
Road Frontage
Public
Road Surface
Dirt, Paved
Features
Historical District, Level, Many Trees, Meadow, Mountainous, Rock Outcropping, Rolling Slope, Sloped

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
July 15, 2026New listing$4,925,000REcolorado
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This 72-acre property is located at 1 Bonanza Rdg in Central City, CO 80427. The land is available for sale, priced at $4,925,000 — $68,403 per acre.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Sept 1, 2026 1:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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