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Land for Sale in Parachute, Colorado

3312 306 County Rd, Parachute, CO 81635

$8,280,000
1,440 acres
Active sale
ago
Est $59,746/mo

Wallace Creek Ranch is a rare, large-scale Western Slope offering - 1,440± deeded acres of working agriculture, live water, and trophy big game country on the Western Slope of Colorado. Bordered by BLM ground for roughly two miles and sitting just a half-mile from the White River National Forest, the ranch combines the kind of contiguous deeded scale, public-land access, and productive ground that is increasingly difficult to assemble in today's Colorado ranch market. Tucked between the White River National Forest to the south and the Bookcliffs to the north, conveniently located off I70, the ranch captures mountain and valley views in every direction. Including roughly 350± acres of irrigated pasture and hay meadows anchors the working side of the operation, with the balance of the property carrying a rich mix of cedar, piñon pine, oak, mountain meadow, and cottonwood-lined creek bottom - the kind of habitat diversity that holds wildlife in numbers and gives an owner real options on how to use the land. Between the ranch, the BLM and Forest service permits(offered separately), the current operation carry's 140 pairs from May to the end of December. Wallace Creek Ranch is the kind of legacy Western Slope holding that delivers on every dimension a serious land buyer evaluates: scale, water, agriculture, hunting, public-land access, and long-term optionality. A Working Ranch with Live Water and Production Wallace Creek Ranch has operated historically as a cattle and hay operation, and the production base reflects it. Approximately 350± acres of irrigated pasture and hay meadows are supported by Wallace Creek water rights, with infrastructure that includes side-roll sprinklers, one big gun, a center pivot, and access to flood irrigation in portions of the property. Wallace Creek itself traverses the ranch for approximately one mile, and a small stocked pond sits at the upper end of the property, in addition to Spring Creek on the other side of the ranch providing great wildlife habitat. The ranch carries three BLM grazing allotments(included) plus a Forest Service grazing allotment(offered seperatly) - a meaningful operational asset that extends summer carrying capacity well beyond what the deeded acreage alone could support. The ranch coupled with the permits currently and historically has carried 140 AUs and could be included in the purchase of the ranch and its permits. The property is unencumbered by conservation easements, leaving full flexibility for an incoming owner to operate, improve, or restructure the ranch as they see fit. Mountain Views in Every Direction Ranch elevations range from 5,700 to 6,600 feet, climbing from creek bottoms through rolling irrigated pastures into cedar, piñon, and oak. The topography offers level, sloped, and rolling ground - opening up multiple potential building sites with nearby power and commanding views toward: >The White River National Forest to the south >The Bookcliffs to the north >Wallace Creek and its cottonwood corridor >Open valley floor and the surrounding mountain ranges The mix of irrigated meadow, mountain timber, and two live-water creek bottoms create a visual variety - and a habitat variety - that simply doesn't exist on most Western ranches at this scale. Wallace Creek Ranch sits within Game Management Unit 42, one of the more accessible big game units on the Western Slope. The unit qualifies for over-the-counter elk tags during 2nd and 3rd Rifle seasons and is eligible for landowner deer vouchers annually - a meaningful advantage for owners who want a reliable hunt without burning preference points. Historically the ranch has received 6 landowner buck tags every season. As the seasons progress into October and November, high numbers of elk and deer migrate onto the ranch and through this corridor, funneling off the surrounding BLM and National Forest country and onto the deeded ground. Hunting opportunity on the property includes:

Location

Street address
3312 306 County Rd
Zip code
81635
School district
Grand Valley School District No. 16 in The County
Elevation
5,939 feet
Coordinates
39.3696, -108.0635

Directions

From the exit off I70 west of Parachute onto Old Highway 6 west. Take Old Highway 6 for 2.5 miles then turn south on Stone Quarry Road to cross the river. Stay left on Stone Quarry Road, then turn south on Wallace Creek Rd for 3.5 miles until you reach the ranch.

Property details

Acreage
1,440 acres
Zoning
Agricultural
MLS #
MyStateMLS 11969452
Posted

Parcels

  • 2447-1
  • 2447-122-00-051
  • 2447-123-00-012

Details and features

Listing

Type
Vacant Land

Lot

View
Mountain, Water
Waterfront
Pond, Stream

Listing history

DateEventPriceChangeSource
Sept 8, 2026Price drop$8,280,000$540,000 -6.1%GJARA
Aug 27, 2026New listing$8,820,000GJARA
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This 1,440-acre property is located at 3312 306 County Rd in Parachute, CO 81635. The land is available for sale, priced at $8,280,000 — $5,750 per acre.

Listed by Reese Lovell, (970) 239-1513

Checked 1 hour agoUpdated

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