Skip main navigation
Pending
  • $4,000,000

    3961-114 County Rd, Glenwood Springs, CO 81601

    3beds
    1,956sqft
    : 
    $24,569/mo
    Get pre-qualified
    Single Family Residence
    Built in 1909
    183 Acres Lot
    $3,894,600 Zestimate®
    $2,045/sqft
    $-- HOA

    What's special

    Recent infrastructure upgrades
    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
    7 days
    |
    221
    |
    7
    |

    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

        $3,894,600

        $3.66M - $4.09M

        $2,217/mo

        Price history

        DateEventPrice
        8/24/2026Pending sale$4,000,000$2,045/sqft
        Source: AGSMLS #194243 Report a problem
        8/19/2026Listed for sale$4,000,000$2,045/sqft
        Source: AGSMLS #194243 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 81601

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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

        Browse local experts

        Similar homes