3312 County Road 306,Parachute, CO 81635
Parachute, CO 81635
Description
Wallace Creek Ranch is a rare, large landholding on Colorado's Western Slope - 1,440+/- deeded acres paired with roughly 5,000+/- leased acres and three BLM grazing allotments, offering the kind of scale, live water, and public-land access that rarely comes to market. Wallace Creek winds nearly a mile through the property, Spring Creek crosses it, and a stocked pond anchors the upper end, feeding roughly 350+/- irrigated acres via side-roll sprinklers, a big gun, a center pivot, and flood irrigation (water rights include 1st priority 5.8 CFS, 2nd priority 2 CFS, and 6 CFS high water; buyer to confirm shares, decree, and priority dates). The ranch currently supports approximately 140 animal units May through December alongside hay production under a ranch tenant - a turnkey operation for a buyer who wants working income from day one. Tenant-owned USFS grazing permit offered separately. Elevations climb from 5,700 to 6,600 feet across level pasture, rolling foothills, and a cottonwood-lined creek bottom studded with oak, pinon, and juniper - terrain that offers multiple homesites with sweeping Western Slope views. For the sportsman, this is trophy country: located in GMU 42 with over-the-counter 2nd and 3rd rifle elk tags and a history of six landowner buck tags annually, the ranch sits along heavy elk and mule deer migration routes and hosts black bear and turkey. Nearly two miles of BLM boundary and White River National Forest just a half-mile south open up public land far beyond the fence line. Year-round access comes via County Road 306, with electric service at the road and internet available through satellite, fiber, or fixed wireless - remote enough to feel like your own world, close enough to live in it: Rifle is 15 minutes away, with Glenwood Springs and Grand Junction under an hour. Whether the vision is a working cattle operation, a private hunting retreat, or a legacy family compound, Wallace Creek Ranch delivers the water, the wildlife, and the wide-open Western Slope scale to make it possible.
Details
| MLS # | 838466 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 10 |
| Listing Provided By | Full Curl Ranches | Reese Lovell |
Features
| Zoning | Agriculture |
|---|---|
| Acreage | 1440.00 |
| Water Front | Yes |
Interior
| Furnished | Unfurnished |
|---|
Exterior
| Lot Features | Adjacent To Public Land, Pasture, Wooded, Rolling Slope, Sloped |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Electricity Available |
|---|
Other
| List Aor | Telluride Association Of Realtors |
|---|
Taxes
| Property | 1511 |
|---|
Area Information
| State | CO |
|---|---|
| County | Garfield |
| City | Parachute |
| Zip Code | 81635 |
| Area | Parachute |
| School District | Grand Valley 9-12 |
| Elementary School | Open Enrollment |
| High School | Grand Valley 9-12 |
| Listing VS Median (in 81635) | |
Price: $8,820,000 low | high Med: $0 On site: 10 low | high Med: | |
Market Activity 81635
Request a showing
Request a showing
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer
Contact
Learn More About This Property
| State | CO |
|---|---|
| County | Garfield |
| City | Parachute |
| Zip Code | 81635 |
| Area | Parachute |
| School District | Grand Valley 9-12 |
| Elementary School | Open Enrollment |
| High School | Grand Valley 9-12 |
| Listing VS Median (in 81635) | |
Price: $8,820,000 low | high Med: $0 On site: 10 low | high Med: | |
Equal housing opportunity. An equal opportunity company. `);
