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Land with Home for Sale in New Castle, Colorado

7315 County Road 312, New Castle, CO 81647

$2,995,000
240 acres
Active sale
Est $15,068/mo

White Owl Ranch—your own private slice of paradise. Set on 240 scenic acres in the Garfield Creek area south of New Castle, this one-of-a-kind property features a main home, guest cabin, and barn, with endless potential to match your vision. The land offers excellent water rights, multiple pastures, a 1,300 sq ft hoop house, several outbuildings, and direct access to vast surrounding BLM land for exploration and recreation. The main residence includes 4 bedrooms, 3 full and 2 half bathrooms, plus a flexible floor plan with a walk-out lower level ideal for hosting family and guests. Inside, you’ll find clean lines, abundant natural light, a wood-burning stove, and a classic wraparound deck with sweeping views in every direction. The charming “farmhouse” guest cabin features a main-level bedroom and bath, plus a loft bedroom with its own bathroom—perfect for extended stays or rental use. It also includes a wood stove, cozy front porch, and fenced yard. The barn offers versatile space for entertaining, events, hobbies, equipment storage, or horses. Fully self-sustaining, the property includes a state-of-the-art solar system with 26,000 kWh of battery storage and a backup generator. Ideal for horses, farming, or simply enjoying the outdoors, the ranch boasts hay fields, Garfield Creek, riding trails, and abundant wildlife. Additional highlights include senior water rights, a pond, a spring-fed stock tank, and direct road access to BLM land. All this just 20 minutes from New Castle, with convenient access to I-70 and nearby destinations like Glenwood Springs, Aspen, and Grand Junction. A truly special property—you have to experience it to appreciate it.

5,291
Sq feet
4
Beds
1
Full bath
2
3/4 baths
2
1/2 baths
2021
Built

Location

Street address
7315 County Road 312
Zip code
81647
School district
Garfield RE-2
Elevation
6,924 feet
Coordinates
39.4862, -107.4657

Directions

From I-70 New Castle exit, head south across the river. Turn right at stop sign onto County Road 335. Head west to County Road 312 (Garfield Creek) on your left, this property is just over 7 miles up the road on your right-hand side, clearly marked as White Owl Ranch - look for sign.

Property details

Acreage
240 acres
Zoning
R
MLS #
REcolorado 6011400
Posted

Property taxes

2025
$8,439

Parcels

  • R017214

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Current Use
Agricultural, Live/Work
Unit Count
2
Terms
Cash, Conventional
Conditions
None
Possession
Closing/DOD, Negotiable

Lot

Waterfront
Pond
Well Usage
Domestic
Well Permits
303451
Rights
Water Rights
Features
Borders Public Land, Ditch, Irrigated, Many Trees, Meadow, Open Space, Suitable For Grazing

Exterior

Parking Spaces
4
Fencing
Fenced Pasture
Horses Allowed
Yes
Equestrian
Pasture
Outdoor Spaces
Covered, Deck, Front Porch, Patio

Structure

Type
House
Style
Mountain Contemporary
Levels
Three or More
Basement
Finished, Walk-Out Access
Water
Well
Sewer
Septic Tank
Heating
Forced Air, Propane, Radiant
Cooling
Air Conditioning-Room, Evaporative Cooling
Materials
Frame
Roof
Metal

Interior

Above Grade
4,180 sq ft
Below Grade
1,111 sq ft
Rooms
Bathroom Full, Bathroom Half x 2, Bathroom Three Quarter x 2, Bedroom x 4, Dining Room, Family Room, Kitchen x 2, Laundry, Living Room
Fireplaces
Living Room, Wood Burning Stove
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
Features
Ceiling Fan(s)

Property utilities

CategoryTypeStatus
SewageSeptic SystemConnected
WaterPrivate WellConnected

Nearby schools

NameTypeDistrict
Elk CreekElementaryGarfield RE-2
RiversideMiddleGarfield RE-2
Coal RidgeHighGarfield RE-2

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$2,995,000AGSMLS
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This 240-acre property is located at 7315 County Road 312 in New Castle, CO 81647. The property is available for sale for $2,995,000. It has a 5,291 sq ft 4 bedroom, 1 bath house built in 2021.

Checked 2 hours agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of June 10, 2026 5:00 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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