38992 River Frontage Road
Description
Welcome to a rare and versatile opportunity along the banks of the Colorado River! This 12-acre riverfront property offers endless possibilities with excellent water rights, including 13 shares of the Ware & Hinds Ditch. Whether you're looking for a peaceful retreat, a productive homestead, or a space to build your dream home, this rural-zoned property has it all. The existing 2,380 sq ft HUD-manufactured home features 3 bedrooms, 2 baths,...Live. Work. Play. Riverfront Living on 12 Acres in New Castle
Welcome to a rare and versatile opportunity along the banks of the Colorado River! This 12-acre riverfront property offers endless possibilities with excellent water rights, including 13 shares of the Ware & Hinds Ditch. Whether you're looking for a peaceful retreat, a productive homestead, or a space to build your dream home, this rural-zoned property has it all. The existing 2,380 sq ft HUD-manufactured home features 3 bedrooms, 2 baths, and an additional non-conforming bedroom on the lower level—ready for your updates or complete transformation. Imagine designing your custom home with expansive views and direct access to the river! A 40x40 shop/warehouse adds incredible value, ideal for storage, hobbies, business, or creative use. Fruit trees, a serene pond, and private river frontage create a unique blend of natural beauty and utility. With abundant land and flexible zoning, the potential here is only limited by your imagination. Come experience the best of Colorado living—just minutes from downtown New Castle
- Listed by: Jeff Kelley • eXp Realty LLC
- Listed by: Cole Meier-Hollenback • eXp Realty LLC
Recent comparable sales
Median sold price
$865,000
Avg days on market
69
Sale-to-list ratio
99.1%
New Castle, CO
9 comparable properties found
$870,000
Sold 10/17/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,985
- Square Feet
- 0.16
- Acres
$875,000
Sold 11/10/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,985
- Square Feet
- 0.16
- Acres
$865,000
Sold 11/13/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,985
- Square Feet
- 0.17
- Acres
$950,000
Sold 11/08/24
- 3
- Bedrooms
- 3
- Bathrooms
- 2,547
- Square Feet
- 0.21
- Acres
$1,160,000
Sold 11/20/25
- 3
- Bedrooms
- 3
- Bathrooms
- 2,601
- Square Feet
- 0.16
- Acres
$845,000
Sold 06/03/25
- 3
- Bedrooms
- 3
- Bathrooms
- 2,269
- Square Feet
- 0.29
- Acres
$680,000
Sold 06/12/26
- 3
- Bedrooms
- 2
- Bathrooms
- 2,032
- Square Feet
- 0.14
- Acres
Location
Sold By Roaring Fork Sotheby's Meadows, Sean de Moraes
Payment Calculator
$5,925 per month
30 year fixed, 6.71% Interest
$5,684
$241
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 38992 River Frontage Road
- Taxes: $2,890 / year
- MLS Type: Residential / Single Family
- County: Garfield County
- Garage: Yes
- Style: Ranch
- Sub/Loc: None
- Stories: 2
- Year Built: 1997
- Lot Size: 12.00 AC / 522,720 SF
- Directions: Take Exit 105 for New Castle, At the end of the ramp, proceed to round a bout and take third exit turn onto U.S. Highway 6 (Main Street) Proceed on US-6 for about 3 miles, Turn left onto bridge continue across and then turn left onto River Frontage Road. House is the first one on the right.
- Acreage: 11 - 20
- Room Total: 0
- Under Construction: No
- Parcel #: 218104300125
- Lv Ht SqFt: 2,380.00
- Zoning: Rural
- Total SqFt: 2,380.00
- Lot Size Area: 12.00
- Attached Garage: No
- Stories: 2
- Unfinished SqFt: .00
- Water Source: Well - Household
- Roof: Composition
- Roof: Composition Shingles: Yes
- Cooling: Evaporative Cooling
- Heating: Forced Air
- Parking Area: RV Access/Parking
- Building Features: Yes
- HOA Dues: $0
- Condition: Poor
- Cooling: Yes
- Garage Spaces: 1.00
- Heating: Yes
- Construction: Other: Yes
- Exterior: Other: Yes
- Condition: Poor: Yes
- Gas: Propane: Yes
- Sanitation: Septic: Yes
- Water Rights: Yes: Yes
- Extras: Outbuildings: Yes
- Extras: Patio/Deck: Yes
- HeatingCooling: Evaporative Cooling: Yes
- Mineral Rights: No: Yes
- Sign: Yes
- Substructure: Walkout: Yes
- Pre-Fabricated Home: HUD
- Listing Info: REO: No
- Tax Year: 2024
- Metro Tax District: No
- Keywords Info: Total HOA Fee Per Year: $.00
- Financing Info: Metro Tax District: No
- Financing Info: Transfer Tax: No
- Financing Info: HOA Transfer Fee: No
Property History for 38992 River Frontage Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 10, 2025 | Sold (Public Record) Public Record #1902222942 | $1,100,000 | — |
| Jun 9, 2025 | Sold Aspen Glenwood MLS #188057 | $1,100,000 | — |
| May 6, 2025 | Pending Aspen Glenwood MLS #188057 | — | |
| May 5, 2025 | Listed (Active) Aspen Glenwood MLS #188057 | $1,100,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/10/2025 | Sold (Public Record) Public Record #1902222942 | $1,100,000 |
| 06/09/2025 | Sold Aspen Glenwood MLS #188057 | $1,100,000 |
| 05/06/2025 | Pending Aspen Glenwood MLS #188057 | — |
| 05/05/2025 | Listed (Active) Aspen Glenwood MLS #188057 | $1,100,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 38992 River Frontage Road
Schools near 38992 River Frontage Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Elk Creek Elementary School PublicPK to 5 | ||
Riverside School Public6 to 8 | ||
Coal Ridge High School Public9 to 12 | ||
Liberty Classical Academy PrivatePK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 81647
$110,000
- 2
- Bedrooms
- 2
- Bathrooms
- 924
- Square Feet
- Unavailable
- Acres
$370,000
- 2
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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 38992 River Frontage Road, New Castle, CO 81647 | $1,100,000 | 3 | 2 | 2,380 | 522,720 |
$233,000 | 3 | 3 | 2,016 | 87,120 | |
$229,000 | – | – | – | 87,120 | |
$219,000 | 3 | 2 | 2,330 | 87,120 | |
$219,000 | – | – | – | 87,120 | |
$222,000 | – | – | – | 87,120 | |
$222,000 | 3 | 2.75 | 3,388 | 87,120 | |
$260,000 | – | – | – | 87,120 | |
$235,000 | – | – | – | 87,120 | |
$222,000 | – | – | – | 87,120 | |
$233,000 | – | – | – | 87,120 | |
$225,000 | – | – | – | 87,120 | |
$222,000 | – | – | – | 87,120 | |
$205,000 | – | – | – | 87,120 | |
$280,000 | – | – | – | 87,120 | |
$215,000 | – | – | – | 88,426 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of eXp Realty LLC, Jeff Kelley; eXp Realty LLC, Cole Meier-Hollenback
All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 05/05/2025 06:00 PM through 09/16/2026 07:32 AM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/14/2025 11:34 AM
