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Sold for $1,100,000 on 06/10/25
  • $1,100,000

    38992 River Frontage Rd, New Castle, CO 81647

    3beds
    2,380sqft
    Single Family Residence
    Built in 1997
    12 Acres Lot
    $1,001,500 Zestimate®
    $462/sqft
    $4,022 Estimated rent

    Home value

    $1,001,500

    $831,000 - $1.17M

    $4,022/mo

    Zestimate® history
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    $6,055/mo

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    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: November 14, 2025 at 10:34am

    Listed by:

    Jeff Kelley 970-274-0361,

    eXp Realty LLC,

    Cole Meier-Hollenback 970-445-0733,

    eXp Realty LLC

    Bought with:

    Sean de Moraes, FA40045629

    Roaring Fork Sotheby's Meadows

    Source: AGSMLS,MLS#: 188057

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Evaporative Cooling
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 2,380 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Lot
    • Size: 12 Acres
    Details
    • Parcel number: 218104300125
    • Zoning: Rural

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Roof: Composition
    Condition
    • Poor
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Water: Well
    • Utilities for property: Propane

    Community & neighborhood

    Location
    • Region: New Castle
    • Subdivision: None

    Other

    Other facts
    • Listing terms: New Loan,Cash

    Price history

    DateEventPrice
    6/10/2025Sold$1,100,000$462/sqft
    Source: AGSMLS #188057 Report a problem
    5/8/2025Contingent$1,100,000$462/sqft
    Source: AGSMLS #188057 Report a problem
    5/6/2025Listed for sale$1,100,000$462/sqft
    Source: AGSMLS #188057 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,541 $49,740
    2023$2,541 +8.9%$49,740 +10.1%
    2022$2,334 +40.5%$45,170 +1.2%

    Find assessor info on the county website

    Neighborhood: 81647

    Nearby schools

    GreatSchools rating
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