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Riverfront Agricultural Land
New
For Sale
$1,987,000

38153 Coburn Road, Paonia, CO 81428

LAND - Paonia, CO

Property SizeContact for details
Lot Size72.00 Acres
Days on Market2

Property Features for 38153 Coburn Road

General Information

Property type Land
Property subtype Other
Directions Take Mathews Lane west from Paonia. Continue straight on Coburn Road. At the end of the road once you are in the cul-de-sac, continue straight. Property line begins at the real estate sign.
Standard status Active
Lot size 72.00 Acres

Utilities

Water front 1
Listing Agency: Paonia Realty LLC
Listed By: Greta Gibb
Added: Aug 11 Last Checked: Aug 12 at 12:06AM
MLS# 837984

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 72-acre agricultural property comprises two legal parcels along the North Fork of the Gunnison River, with more than a half mile of river frontage. Nine natural springs are decreed to provide 0.5 cfs, and the land includes 16.5 shares of Paonia Ditch water. Short Ditch also crosses the property. One domestic water tap is in place, with the potential to use a natural spring as a domestic source for additional homes. The parcels can accommodate up to four residences.

Historically used for cattle grazing, the property retains favorable agricultural tax status and produces a recurring wild asparagus crop. Wetlands, cottonwood forests, river corridors, and surrounding mountain and countryside views support habitat for elk, mule deer, black bear, bald eagles, hawks, cranes, and waterfowl. High-speed fiber optic internet is available. The property is located at the end of Coburn Road, approximately 3 miles from Paonia, and adjoins a 410-acre conservation easement.

Key Highlights

  • 72 acres across two legal parcels
  • More than a half mile of frontage on the North Fork of the Gunnison River
  • Nine natural springs decreed to provide 0.5 cfs

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Storage Facility Garden Center Restaurant Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 81428, CO

3,635
Population
2,150
Households
1.7
Avg Household Size
51
Median Age
39%
College-Educated
94%
High-School Grad
189.6 sq mi
ZIP Area
19
Density / Sq Mi
$76,964
Median Household Income
$51,050
Median Earnings
$1,007
Median Rent
$371,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural acreage with river frontage, irrigation water, natural springs, and two legal parcels.
Where is this agricultural land / farmland located?
The property is located at 38153 Coburn Road Paonia, CO.
What is the asking price?
The asking price for this property is $1,987,000.
What are key features of this property?
This property features: 72 acres across two legal parcels; More than a half mile of frontage on the North Fork of the Gunnison River; Nine natural springs decreed to provide 0.5 cfs
More about this property
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