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Improved Land for Sale in Pine Grove, Colorado

32234 Fish Pond Way, Pine Grove, CO 80470

$3,500,000
57 acres
Active sale
ago
Est $18,038/mo

Set along the scenic Hwy 285 corridor and surrounded by Colorado foothill beauty, Rainbow Roundup Ranch is a rare, income-producing mountain hospitality and recreation property combining two operating businesses, residential rental income, and major future development potential. Positioned only 45 minutes from Denver at the gateway to Staunton State Park, this multi-faceted property offers immediate cash flow with significant upside for expansion and modernization. Rainbow Roundup Ranch currently operates as a campground and private fishing destination, serving travelers, outdoor enthusiasts, event visitors, and locals seeking year-round recreation. With strong visibility from Hwy 285 (approx. 23,000 vehicles per day), the property benefits from consistent exposure and demand in a corridor with limited competing amenities. This 57 acre Property enjoys substantial water rights (ditch / surface and Mountain Mutual Shares) to support expansion and future development.

2,718
Sq feet
1979
Built

Location

Street address
32234 Fish Pond Way
Elevation
7,931 feet
Coordinates
39.4804, -105.3697

Property details

Acreage
57 acres
Zoning
PD
MLS #
REcolorado 6803725
Posted

Property taxes

2025
$15,012

Parcels

  • 502769

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Special Purpose
Current Use
Agricultural, Commercial, Mixed Use, Recreational, Residential, Subdivision
Unit Count
4
Terms
Cash
Possession
Closing/DOD

Income

Gross Income
$196, 000

Lot

Road Frontage
Public
Road Surface
Gravel, Paved
Well Type
Commercial, Operational, Sub-Area Augmentation
Features
Subdividable

Structure

Type
Free Standing
Stories
1
Water
Agriculture/Ditch Water, Well
Sewer
Septic Tank

Property utilities

CategoryTypeStatus
PowerGridConnected
GasNatural GasConnected
SewageSeptic SystemConnected
WaterPrivate WellConnected

Listing history

DateEventPriceChangeSource
May 12, 2026New listing$3,500,000REcolorado
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This 57-acre property is located at 32234 Fish Pond Way in Pine Grove, CO 80470. The property is available for sale for $3,500,000. It has a 2,718 sq ft structure built in 1979.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of May 14, 2026 9:00 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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