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Listed by Great Plains Land Company
$ 4,000,000
Est. payment /mo
New
3961 114 County Rd Road Glenwood Springs, CO 81601
3 Beds
4 Baths
1,956 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $2,044
Subdivision Elk Springs
MLS Listing ID 194243
Bedrooms 3
Full Baths 2
Half Baths 1
Three Quarter Bath 1
Year Built 1909
Annual Tax Amount $11,251
Tax Year 2025
Lot Size 183.000 Acres
Acres 184.0
Property Sub-Type Single Family Residence
Source Aspen Glenwood MLS
Property Description
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
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
Location
State CO
County Garfield
Community Elk Springs
Area Glenwood Springs
Zoning Ag
Direction From highway 82: Thunder River Market 6818 CO-82, Glenwood Springs, CO 81601 Head east on Spring Valley Rd 2.5 mi Turn right 0.3 mi Turn left
Exterior
Utilities Available Propane
Garage No
Building
Water Well - Irrigation, Other, Well
New Construction No
Others
Tax ID 218733300154
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