Rivendell Farm and Commercial Agriculture Center
Offered for the first time at this price, this unique farm is the only one of it's kind! The farm has 174 acres of agricultural land, senior water rights at 6 cf per second year round, commercial zoning and residential zoning. It's one of a kind and ready for a new vision!
History
This established, family-owned Colorado operation offers a prime opportunity to own a legacy of quality in the Roaring Fork Valley. For over 30 years, Rivendell Distribution has successfully grown high-altitude bluegrass sod specifically engineered for the Western Slope's challenging climate.
The business has evolved from a specialized farm into a diversified wholesale operation, providing a complete ecosystem of premium fertilizers, soil amendments, and industry-leading brands to a loyal client base of local customers, landscapers, golf courses, and nurseries. With recent infrastructure upgrades and a transition to holistic land management, the farm of 172 acres in the Aspen Valley Conservation easement, is able to shift from sod to additional revenue streams for performance and growth. Sod, grazing, hay and tree farming are a few options available for use on the farm. The current operator of Rivendell Distributing has a thriving business that occupies 2 acres of the 7.4 acre commercial agriculture parcel. The lease generates an average of 5,500.00 a month until July 2031. The remaining 5+/- acres may be used and developed under commercial agriculture zoning or split into commercial agriculture and 2.4=/- acres of residential.
The diversity of options available for this farm, coupled with the demand for commercial and residential land, creates a unique opportunity for prospective buyers. This is a chance to acquire an agriculturally based business, along with an income stream from a current operator under lease, and options to develop 5.4 acres as additional commercial land or spilt into a single residential home site. The history of the farm, its location, and potential invite opportunity. Schedule a visit to Rivendell Farm and see the beauty of the land for yourself!
Welcome to Rivendell Farm and Commercial Agriculture Center Now
The farm encompasses 180 +/- acres, including 150+/- acres of irrigated meadow. This property has a rich history of versatility and profitability. As you pull onto the property you encounter a thriving commercial operation with 6 buildings, all utilized as a working landscape distribution center.
There are 4 sources of water on the property that have helped produce over $1,000,000.00 in revenue a year in sod without ever running dry! Due to interest in preserving the soil, the owner diversified from sod to hay, laying the foundations to produce up to 750 tons of high-quality hay annually.
Later in the life of the farm, it was used as a ranch, focusing on a finishing capacity of up to 100 head of cattle, fed with quality grass and clean water. Although the operations have quieted on the farm, the potential has not. The value of the land has remained strong, and the water continues to flow year after year from the senior water rights that run with the property. The 174+/- acres is part of the Aspen Valley Land Trust Easement which ensures no large scale development is possible and secures the natural beauty of the land and valley of its agricultural potential won't be lost.
Exceptional Water Rights
The farm's life blood is fed by some of the oldest adjudicated water rights in the region, with priority dates reaching back to 1889. This farm has senior water rights on the ditch with one other share being less than a 1/10. The primary water flows from an underground aquifer and is filtered through basalt rock as it runs year round through the property at an average of 50 degree Fahrenheit. The flow is constant, adj
Pending
$4,000,000
3961-114 County Rd, Glenwood Springs, CO 81601
3beds
1,956sqft
Single Family Residence
Built in 1909
183 Acres Lot
$3,864,300 Zestimate®
$2,045/sqft
$-- HOA
What's special
Recent infrastructure upgrades
- 57 days
- 23
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Casey Adams 970-987-7338,
Great Plains Land Company
Source: AGSMLS,MLS#: 194243
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Lower
Bedroom 2
- Level: Lower
Bedroom 3
- Level: Upper
Interior area
- Total structure area: 1,956
- Total interior livable area: 1,956 sqft
Property
Lot
- Size: 183 Acres
Details
- Parcel number: 218733300154
- Zoning: Ag
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Water: Well, Other
- Utilities for property: Propane
Community & HOA
Community
- Subdivision: Elk Springs
Location
- Region: Glenwood Springs
Financial & listing details
- Price per square foot: $2,045/sqft
- Tax assessed value: $177,630
- Annual tax amount: $11,251
- Date on market: 8/19/2026
Estimated market value
$3,864,300
$3.63M - $4.06M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Pending sale | $4,000,000$2,045/sqft |
Source: AGSMLS #194243 Report a problem | ||
| 8/19/2026 | Listed for sale | $4,000,000$2,045/sqft |
Source: AGSMLS #194243 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $979 +82.1% | $12,490 +77.7% |
| 2024 | $538 +4% | $7,030 +4% |
| 2023 | $517 -32.9% | $6,760 -24.6% |
| 2022 | $771 | $8,960 -2.6% |
| 2021 | -- | $9,200 |
Find assessor info on the county website
Monthly payment
Est. payment




