Skip main navigation
Active
  • $1,987,000

    38153 Coburn Road, Paonia, CO 81428

    --beds
    --baths
    72Acres
    Unimproved Land
    Built in ----
    72 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Abundant waterNine natural springs
    River Springs Ranch is set on 72 riverfront acres with Abundant Water The 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. Appointment necessary as road easement crosses private land.
    11 days
    |
    272
    |
    21
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Greta Gibb C:970-270-3311,

    Paonia Realty LLC

    Source: CREN,MLS#: 837984MLS Logo

      Facts & features

      Interior

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s), Valley
      • Has water view: Yes
      • Water view: Stream/River
      • Waterfront features: River/Stream
      Lot
      • Size: 72 Acres
      • Features: Wooded, Cul-De-Sac, Foothills, Corners Marked, Pasture
      • Topography: Level
      Details
      • Additional structures: Equipment Shed
      • Parcel number: 324315100040
      • Zoning description: Agriculture,Residential Single Family
      • Horses can be raised: Yes

      Utilities & green energy

      • Sewer: None
      • Water: Domestic Installed/Paid, Spring, Tap Installed, Tap Paid
      • Utilities for property: Electricity Connected, Internet

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Paonia

      Financial & listing details

      • Tax assessed value: $16,285
      • Annual tax amount: $294
      • Date on market: 8/11/2026
      • Has irrigation water rights: Yes
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,450/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$1,987,000+134.9%
        Source: CREN #837984 Report a problem
        11/9/2020Sold$846,000+88%
        Source: Public Record Report a problem
        9/23/2020Price change$450,000-47.1%
        Source: Needlerock Mountain Realty and Land, LLC #774584 Report a problem
        9/18/2020Price change$850,000+88.9%
        Source: Needlerock Mountain Realty and Land, LLC #774584 Report a problem
        9/18/2020Pending sale$450,000
        Source: Needlerock Mountain Realty and Land, LLC #774584 Report a problem
        9/15/2020Listed for sale$450,000
        Source: Needlerock Mountain Realty and Land, LLC #774584 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$77 +5%$4,397 +268.9%
        2024$74 +4.8%$1,192
        2023$70 -6.6%$1,192 +8.4%
        2022$75 $1,100 -40%
        2021-- $1,833 -70.9%
        2020$399 -10.1%$6,300 -0.4%
        2019$444 $6,324 -6.7%
        2018$444 +12.9%$6,781
        2017$394 +23.7%$6,781 +18.8%
        2016$318 +1.3%$5,710 +22.8%
        2014$314 $4,648
        2013-- $4,648 -3.8%
        2012-- $4,830
        2011-- $4,830 -8.2%
        2010-- $5,259
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81428

        Getting around

        1 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts