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Land for Sale in Paonia, Colorado

38153 Coburn Rd, Paonia, CO 81428

$1,987,000
72 acres
Active sale
ago
Est $14,338/mo

Greta Gibb, Paonia Realty LLC, C:,,: River Springs Ranch is set on 72 riverfront acres with Abundant WaterThe property located on the North Fork of the Gunnison River is a rare offering defined by abundant water, exceptional privacy, and captivating views. Comprised of two legal parcels with the ability to build up to four residences, the property includes one domestic water tap, with the opportunity to utilize one of the natural springs as a domestic water source for additional homes (please see attached documents for details).Water is one of the ranch's greatest assets. Nine natural springs are decreed to provide 0.5 cfs, complemented by 16.5 shares of Paonia Ditch water-one of the North Fork Valley's oldest and most reliable irrigation systems, traditionally delivering water into October. With over a half a mile of river frontage, this property flourishes. Adding to the land's allure, Short Ditch runs through the property.Positioned at the end of quiet Coburn Road, the ranch enjoys sweeping views of the Grand Mesa, the West Elk Mountains, the North Fork of the Gunnison River, and the surrounding countryside. Soak in this peaceful setting or venture 3 miles to the vibrant town of Paonia, offering a renowned blend of agriculture, art, local food, wineries, and outdoor recreation.Historically used for cattle grazing, the property currently benefits from favorable agricultural tax status while offering tremendous potential for alternative agricultural ventures, including specialty crops or livestock, orchard, vineyard, or regenerative farming. The property produces a bountiful wild asparagus crop each year.The ranch's wetlands, cottonwood forests, river frontage, and abundant water create an exceptional wildlife habitat. Elk, mule deer, black bear, bald eagles, hawks, cranes, waterfowl, and countless other species frequent the property, making it an extraordinary setting for nature lovers, conservation-minded owners, or wildlife rehabilitation opportunities. The elk herd has overwintered in the area and has numbered in the 100s.Additionally, Elevate high-speed fiber optic internet is available.Whether envisioned as a private legacy ranch, family compound, conservation property, agricultural enterprise, or water-rich retreat, River Springs Ranch presents a truly unique opportunity in Colorado's North Fork Valley. Located next to a 410 acre conservation easement, the property's exceptional natural resources make it an outstanding candidate for a conservation easement. **Irrigated acreage was estimated by aerial map.

Location

Street address
38153 Coburn Rd
Zip code
81428
Elevation
5,511 feet
Coordinates
38.845, -107.6459

Directions

Take Mathews Lane west from Paonia. Continue straight on Coburn Road. At the end of the road once you are in the cul-de-sac, continue straight. Property line begins at the real estate sign.

Property details

Acreage
72 acres
MLS #
CREN 837984
Posted

Details and features

Listing

Type
Land

Lot

Waterfront
Yes

Listing history

DateEventPriceChangeSource
Aug 11, 2026New listing$1,987,000CREN
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This 72-acre property is located at 38153 Coburn Rd in Paonia, CO 81428. The land is available for sale, priced at $1,987,000 — $27,597 per acre.

Listed by Paonia Realty, (970) 261-5928

Checked 2 hours agoUpdated Source

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