Located in Delta County, Colorado, this 74± deeded acre ranch includes approximately one-half mile of Gunnison River frontage. Old-growth cottonwoods, irrigated meadows, and senior water rights give the property both beauty and function. This is a usable river ranch with paved year-round access off Highway 92, convenient proximity to Delta and Montrose Regional Airport, and the kind of layout that supports equestrian, agricultural, and recreational use. Water is a central part of what makes this property work. The ranch benefits from senior water rights dating back generations, and that history shows up on the ground. The meadows are productive, the pasture is strong, and the irrigation gives the ranch real agricultural and equestrian value. For a buyer looking for a horse property in the Mountain West, that combination matters. Mild winters, dry summers, quality pasture, and room for further improvements create the kind of flexibility that is hard to replicate. Recreation is a real part of this ranch’s value. With Gunnison River frontage, the property offers exceptional brown trout and rainbow trout fishing, creating the kind of everyday access to quality water that makes ownership more meaningful. It is easy to picture quiet mornings on the river, evenings spent under the cottonwoods, and the simple benefit of having strong fishing as part of the property rather than something that requires planning, travel, or permission. The river corridor and irrigated meadows also support productive duck hunting, bringing another dimension to the ranch’s sporting value. The combination of water, habitat, and usable ground helps create a property that is enjoyable in more than one season and for more than one purpose. For the buyer who values time outdoors, it is the kind of ranch that offers not just scenery, but experience. The ranch is well suited for horses and livestock, with ground that can support an arena, barns, and additional agricultural improvements. It also offers an improved riverfront homesite, giving the next owner a strong starting point rather than a blank slate. You can live here full time, build out an equestrian setup, or create a private base for fishing, riding, and day-to-day ranch life. With no conservation easement in place, the next owner has the ability to shape the land in a way that fits their goals, whether that means improving the horse setup, strengthening the agricultural operation, building a home that fits the setting, or simply holding a stretch of productive river ground for the next generation. Delta River Ranch is a property with the right fundamentals: river frontage, senior water, irrigated pasture, practical access, and a setting that supports both daily use and long-term value.
Active
$1,500,000
20987 Highway 92, Delta, CO 81416
--beds
--baths
74Acres
Unimproved Land
Built in ----
74 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Improved riverfront homesiteIrrigated meadowsPractical accessOld-growth cottonwoods
- 157 days
- 111
- 7
Zillow last checked:
Listing updated:
Listed by:
Dan Murphy 970-209-1514,
M4 Ranch Group, LLC,
Seth Craft 970-787-0864,
M4 Ranch Group, LLC
Source: CREN,MLS#: 834113
Facts & features
Property
Features
- On waterfront: Yes
- Waterfront features: River/Stream
Lot
- Size: 74 Acres
Details
- Parcel number: 345511100047
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Delta
Financial & listing details
- Annual tax amount: $327
- Date on market: 4/29/2026
- Has irrigation water rights: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $1,500,000+0.3% |
Source: | ||
| 7/25/2024 | Listing removed | -- |
Source: | ||
| 2/15/2024 | Listing removed | $1,495,000 |
Source: | ||
| 9/7/2023 | Listed for sale | $1,495,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 81416
Nearby schools
Schools provided by the listing agent
- Elementary: Open Enrollment
- Middle: Open Enrollment
- High: Open Enrollment
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




