3312 County Road 306, Parachute, CO 81635 (MLS # 20264300)

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, piñon, 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. The landowners have consistently captured 6 landowner tags per year for family and friends. 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.

Last Updated	8/26/2026	Tract	None
Year Built	0	Community	Parachute
County	Garfield

SCHOOLS

Elementary School	Bea Underwood/ LW St John
Jr. High School	Grand Valley
High School	Grand Valley

Additional Details

AREA	Parachute
LOT	1440 acre(s)
LOT DIMENSIONS	Irregular
SEWER	Septic Needed
STYLE	NONE
SUBDIVISION	None
TAXES	1511.18
UTILITIES	Water Not Available
WATER	None
ZONING	Agricultural

Location

 

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