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Land for Sale in Central City, Colorado

1 Bonanza Rdg, Central City, CO 80427

$4,925,000
72 acres
Active sale
Est $35,522/mo

Introducing Bonanza Ridge, a 79-acre mountain assemblage occupying the ridgeline above Historic Central City. Assembled by Bonanza Land LLC over three decades and first offered, the property combines scale, municipal proximity, varied terrain and long-term potential.

Beginning near Eureka and Barrett Streets, Bonanza Ridge follows a broad mountain crest through aspen groves, open meadows and granite outcroppings. Panoramic views extend across Spring Gulch, Quartz Hill, surrounding mountains and the city below. Unlike many mountain properties defined by steep terrain and remote access, Bonanza Ridge lies immediately above Central City's commercial district while retaining an undeveloped alpine character.

The assemblage consists of patented mining claims and city lots, with public streets and utility infrastructure adjacent to portions. Its topography, acreage and location may support consideration of residential, hospitality, recreational, open-space or mixed-use concepts, subject to planning, zoning, engineering and governmental approvals. No representation is made regarding permitted uses, density, subdivision, utilities or entitlements.

Nearby Roworth Heights, a five-home Bonanza Land LLC development, demonstrates experience with subdivision, infrastructure, historic review and construction in Central City.

Few properties combine this scale, usable terrain, historic context and proximity to an established Colorado mountain city. Bonanza Ridge offers an opportunity to consider the future of an entire ridgeline.

Bonanza Land LLC Portfolio: Nevadaville/Quartz Hill & Prosser Gulch (#4882100), Apex (#5069915), Fool's Luck (#1869577), Alps Hill (#1771044), 241 Gregory St. (#8986900).

Portfolio: vedamodern.com/bonanzalandllc

PRICE IS FOR LAND ONLY. Depicted improvements are conceptual. One or multiple improvements may be possible, subject to jurisdictional approval. Design, siting, infrastructure, utilities and development costs vary by property.

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$4,925,000—REcolorado
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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 Oct 16, 2026 1:00 pm 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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