For sale

$8,280,000

1,440 acres

3312 306 County RdParachute, CO 81635

Land and lots · MLS 11969452 · Listed 53 days ago (Sep 7, 2026)

Wallace Creek & Spring Creek · Creek or stream · Pond · Waterfront, relationship not specified · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this land

Wallace Creek Ranch is a rare, large-scale Western Slope offering - 1,440± deeded acres of working agriculture, live water, and trophy big game country on the Western Slope of Colorado. Bordered by BLM ground for roughly two miles and sitting just a half-mile from the White River National Forest, the ranch combines the kind of contiguous deeded scale, public-land access, and productive ground that is increasingly difficult to assemble in today's Colorado ranch market. Tucked between the White River National Forest to the south and the Bookcliffs to the north, conveniently located off I70, the ranch captures mountain and valley views in every direction. Including roughly 350± acres of irrigated pasture and hay meadows anchors the working side of the operation, with the balance of the property carrying a rich mix of cedar, piñon pine, oak, mountain meadow, and cottonwood-lined creek bottom - the kind of habitat diversity that holds wildlife in numbers and gives an owner real options on how to use the land. Between the ranch, the BLM and Forest service permits(offered separately), the current operation carry's 140 pairs from May to the end of December. Wallace Creek Ranch is the kind of legacy Western Slope holding that delivers on every dimension a serious land buyer evaluates: scale, water, agriculture, hunting, public-land access, and long-term optionality. A Working Ranch with Live Water and Production Wallace Creek Ranch has operated historically as a cattle and hay operation, and the production base reflects it. Approximately 350± acres of irrigated pasture and hay meadows are supported by Wallace Creek water rights, with infrastructure that includes side-roll sprinklers, one big gun, a center pivot, and access to flood irrigation in portions of the property. Wallace Creek itself traverses the ranch for approximately one mile, and a small stocked pond sits at the upper end of the property, in addition to Spring Creek on the other side of the ranch providing great wildlife habitat. The ranch carries three BLM grazing allotments(included) plus a Forest Service grazing allotment(offered seperatly) - a meaningful operational asset that extends summer carrying capacity well beyond what the deeded acreage alone could support. The ranch coupled with the permits currently and historically has carried 140 AUs and could be included in the purchase of the ranch and its permits. The property is unencumbered by conservation easements, leaving full flexibility for an incoming owner to operate, improve, or restructure the ranch as they see fit. Mountain Views in Every Direction Ranch elevations range from 5,700 to 6,600 feet, climbing from creek bottoms through rolling irrigated pastures into cedar, piñon, and oak. The topography offers level, sloped, and rolling ground - opening up multiple potential building sites with nearby power and commanding views toward: >The White River National Forest to the south >The Bookcliffs to the north >Wallace Creek and its cottonwood corridor >Open valley floor and the surrounding mountain ranges The mix of irrigated meadow, mountain timber, and two live-water creek bottoms create a visual variety - and a habitat variety - that simply doesn't exist on most Western ranches at this scale. Wallace Creek Ranch sits within Game Management Unit 42, one of the more accessible big game units on the Western Slope. The unit qualifies for over-the-counter elk tags during 2nd and 3rd Rifle seasons and is eligible for landowner deer vouchers annually - a meaningful advantage for owners who want a reliable hunt without burning preference points. Historically the ranch has received 6 landowner buck tags every season. As the seasons progress into October and November, high numbers of elk and deer migrate onto the ranch and through this corridor, funneling off the surrounding BLM and National Forest country and onto the deeded ground. Hunting opportunity on the property includes:

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing reports the property as waterfront but does not say how it meets the water. Ask the listing agent whether the parcel itself adjoins the shoreline.

Relationship to the water
Waterfront, relationship not specified
Water body
Wallace Creek & Spring Creek (as reported)Name as reported by the listing (not matched to a mapped water body)
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Stream, Pond”: Describes the water without a frontage value.
  • PropertyTypeDetail “land”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Reese Lovell of Reese Lovell.

Facts

List price
$8,280,000
Status
For sale
Property type
Land and lots
Lot size
1,440 acres
County
Mesa County
MLS number
11969452

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Land details

Fencing
Fenced

Features

Lot

  • Sprinklers In Front

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Parachute.

Price and status history

    Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Estimate a monthly payment

    $1,656,000
    Illustrative. Replace with a quote from your lender.
    Estimate. Check the county assessor for the actual amount.
    Get a quote; rates vary widely by location.
    Manufactured homes on a leased lot.
    Applied only while the loan is over 80% of the price. Illustrative.

    Estimated monthly payment

    $51,185 per month

    Principal and interest$41,868
    Property tax$6,900
    Homeowners insurance$2,417
    Loan amount$6,624,000
    Total interest over the term$8,448,547

    An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

    Questions to ask before you buy

    Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

    1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
    2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
    3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
    4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
    5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
    6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

    Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

    Guides and next steps

    Listing courtesy of Reese Lovell. Listing agent: Reese Lovell. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Sep 9, 2026, 12:13 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 7:53 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.