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7315 County Road 312, New Castle, CO, 81647

6beds
9baths
5,291sqft
$2,995,000
$566price/sqft
$17,224/moest. monthly cost
$688,960/yrincome needed

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

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
5/10
Riverside SchoolGrades 6-87.3 mi
8/10
Coal Ridge High SchoolGrades 9-128.4 mi

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
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High
  • Avalanche
    AvalancheModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Landslide
Wildfire
Avalanche
Heat Wave

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $15,144$181,728
Home Insurance *$708$8,496
Property Taxes $973$11,676
Electricity $399$4,793
Total$17,224$206,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$590,537/yr
40% on housing$516,720/yr
45% on housing$459,306/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$566This listing

vs Other Active Listings

Avg $/sqft

ZIP 81647$281
Garfield County$469

vs Homes Sold Last Month

Median $/sqft

ZIP 81647$309
Garfield County$337

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

DateEventPrice
2026-04-24Listed for sale$2,995,000
2025-12-18Listing removed$2,995,000
2025-06-12Listed for sale$2,995,000
2025-06-04Contingent$2,995,000
2025-04-22Listed for sale$2,995,000
2024-10-14Listing removed$3,150,000
2024-08-21Price change$3,150,000
2024-07-09Listed for sale$3,250,000
2016-08-16Sold$575,000

For Sale by Agent

AgentAmy Luetke
BrokerageThe Property Shop

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