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Land for Sale in Parachute, Colorado

3312 County Road 306, Parachute, CO 81635

$8,820,000
1,440 acres
Active sale
ago
Est $59,954/mo

Wallace Creek Ranch is a rare, large landholding on Colorado's Western Slope - 1,440+/- deeded acres paired with roughly 5,000+/- leased acres and three BLM grazing allotments, offering the kind of scale, live water, and public-land access that rarely comes to market. Wallace Creek winds nearly a mile through the property, Spring Creek crosses it, and a stocked pond anchors the upper end, feeding roughly 350+/- irrigated acres via side-roll sprinklers, a big gun, a center pivot, and flood irrigation (water rights include 1st priority 5.8 CFS, 2nd priority 2 CFS, and 6 CFS high water; buyer to confirm shares, decree, and priority dates). The ranch currently supports approximately 140 animal units May through December alongside hay production under a ranch tenant - a turnkey operation for a buyer who wants working income from day one. Tenant-owned USFS grazing permit offered separately. Elevations climb from 5,700 to 6,600 feet across level pasture, rolling foothills, and a cottonwood-lined creek bottom studded with oak, pinon, and juniper - terrain that offers multiple homesites with sweeping Western Slope views. For the sportsman, this is trophy country: located in GMU 42 with over-the-counter 2nd and 3rd rifle elk tags and a history of six landowner buck tags annually, the ranch sits along heavy elk and mule deer migration routes and hosts black bear and turkey. Nearly two miles of BLM boundary and White River National Forest just a half-mile south open up public land far beyond the fence line. The landowners have consistently captured 6 landowner tags per year for family and friends. Year-round access comes via County Road 306, with electric service at the road and internet available through satellite, fiber, or fixed wireless - remote enough to feel like your own world, close enough to live in it: Rifle is 15 minutes away, with Glenwood Springs and Grand Junction under an hour. Whether the vision is a working cattle operation, a private hunting retreat, or a legacy family compound, Wallace Creek Ranch delivers the water, the wildlife, and the wide-open Western Slope scale to make it possible.

Location

Street address
3312 County Road 306
Zip code
81635
Community
Parachute
Elevation
5,967 feet
Coordinates
39.3692, -108.0627

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 #
GJARA 20264300
Posted

Property taxes

2025
$1,511

Parcels

  • 2447-122-00-051

Details and features

Listing

Type
Farm

Exterior

Fencing
Fenced
Features
Fence

Structure

Sewer
Septic Needed

Nearby schools

NameType
Bea Underwood/ LW St JohnElementary
Grand ValleyMiddle
Grand ValleyHigh

Listing history

DateEventPriceChangeSource
Aug 27, 2026New listing$8,820,000GJARA
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This 1,440-acre property is located at 3312 County Road 306 in Parachute, CO 81635. The land is available for sale, priced at $8,820,000 — $6,125 per acre.

Listed by Full Curl Ranches, (970) 239-1513

Checked 2 hours agoUpdated Source

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