7315 County Road 312
New Castle, CO, 81647 $ 2,795,000
Bedrooms4 Baths3.2 Sq 5,291 Monthly Estimate*
$ 19,304
Listed by The Property Shop
for $2,795,000 with 4 bedrooms and 3 full baths, 2 half baths. This 5,291 square foot home was built in 2021 on a lot size of 240.
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.
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FeaturesGeneralLiving Area 5291
Sewer Septic Tank
Heating Forced Air Propane Radiant
Cooling Air Conditioning-Room Evaporative Cooling
Utilities Off Grid
Roof Metal
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer Water Softener
Zoning R
Garage Spaces 4
Patio/Porch Features Covered Deck Front Porch Patio
Architectural Style Mountain Contemporary
Construction Materials Frame
Year Built 2021
Levels Three Or More
Property Subtype Single Family Residence
Current Use Agricultural Live/Work
Parcel Number R017214
County Garfield
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Full Baths 1
Directions From I-70 New Castle exit head south across the river. Turn right at stop sign onto County Road 335. Head west to County Road 312 (Garfield Creek) on your left this property is just over 7 miles up t
High School Coal Ridge
City New Castle
Senior Community Y/N N
High School District Garfield RE-2
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 10454400
Carport Spaces 0
Elementary School Elk Creek
Property Attached Y/N N
Tax Annual Amount 8438.6
Middle/Junior High School Riverside
Standard Status Active
Middle/Junior School District Garfield RE-2
Elementary School District Garfield RE-2
Freehold IDX
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InteriorInterior Amenities Ceiling Fan(s)
Basement Finished Walk-Out Access
Total Fireplaces 2
Fireplace Features Living Room Wood Burning Stove
Half Baths 2
3/4 Baths 2
Total Bedrooms 4
Total Baths 5
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ExteriorFencing Fenced Pasture
Lot Features Borders Public Land Ditch Irrigated Many Trees Meadow Open Lot Suitable For Grazing
Water Source Well
Lot Size Area 240
Lot Size Acres 240
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* Excluded FeaturesList Byamy@propertyshopinc.com,970-947-9300Contact
Affordability Calculator
- Monthly Principal & Interest
- $19,304
- Monthly Property Taxes
- $703
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in New Castle, CO
Average List Price $1,172,100
Percent of Sale Price 58%
About New Castle, CO 4,616 Population
97% Since 2002
$ 78,988 Median Income
36.45 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
5458086 Elementary School
3043594 Middle School
Coal Ridge High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/18/2026 | $2,795,000 | -6.68% | Price Down |
| 4/29/2026 | $2,995,000 | | Listed Price |