




7315 County Road 312, New Castle, CO, 81647
About This Home
White Owl Ranch--your own private slice of paradise. Set on 240 scenic acres in the Garfield Creek area south of New Castle, this one-of-a-kind property features a main home, guest cabin, and barn, with endless potential to match your vision. The land offers excellent water rights, multiple pastures, a 1,300 sq ft hoop house, several outbuildings, and direct access to vast surrounding BLM land for exploration and recreation. The main residence includes 4 bedrooms, 3 full and 2 half bathrooms, plus a flexible floor plan with a walk-out lower level ideal for hosting family and guests. Inside, you'll find clean lines, abundant natural light, a wood-burning stove, and a classic wraparound deck with sweeping views in every direction. The charming ''farmhouse'' guest cabin features a main-level bedroom and bath, plus a loft bedroom with its own bathroom--perfect for extended stays or rental use. It also includes a wood stove, cozy front porch, and fenced yard. The barn offers versatile space for entertaining, events, hobbies, equipment storage, or horses. Fully self-sustaining, the property includes a state-of-the-art solar system with 26,000 kWh of battery storage and a backup generator. Ideal for horses, farming, or simply enjoying the outdoors, the ranch boasts hay fields, Garfield Creek, riding trails, and abundant wildlife. Additional highlights include senior water rights, a pond, a spring-fed stock tank, and direct road access to BLM land. All this just 20 minutes from New Castle, with convenient access to I-70 and nearby destinations like Glenwood Springs, Aspen, and Grand Junction. A truly special property--you have to experience it to appreciate it.
Getting Around
Schools
Construction
Condition
- Property condition: Excellent
- Year built: 2021
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Wood Siding,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Inside
Basement
- Has basement: Yes
- Basement: Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 9
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 5
Features
- Number of fireplaces: 2
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Radiant,Forced Air
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 5,291
- Total interior livable area: 5,291 sqft
Property
Details
- Parcel number: 218332200011
- Zoning: Agricultural
- Exclusions: Freezer
Lot
- Lot size: 240 Acres
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Inland Flooding
- Landslide
- Wildfire
- Avalanche
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,144 | $181,728 |
| Home Insurance * | $708 | $8,496 |
| Property Taxes | $973 | $11,676 |
| Electricity | $399 | $4,793 |
| Total | $17,224 | $206,688 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Listed for sale | $2,995,000 |
| 2025-12-18 | Listing removed | $2,995,000 |
| 2025-06-12 | Listed for sale | $2,995,000 |
| 2025-06-04 | Contingent | $2,995,000 |
| 2025-04-22 | Listed for sale | $2,995,000 |
| 2024-10-14 | Listing removed | $3,150,000 |
| 2024-08-21 | Price change | $3,150,000 |
| 2024-07-09 | Listed for sale | $3,250,000 |
| 2016-08-16 | Sold | $575,000 |
