38992 River Frontage Rd New Castle, CO 81647
Property details
About 38992 River Frontage Rd
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
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: RV Access/Parking
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: Evaporative Cooling
- List Price: $1,100,000
- Price/SqFt: $462
- Annual Tax Amount: $2,541
- Tax Year: 2023
- Directions: Take Exit 105 for New Castle, At the end of the ramp, proceed to round a bout and take third exit turn onto U.S. Highway 6 (Main Street) Proceed on US-6 for about 3 miles, Turn left onto bridge continue across and then turn left onto River Frontage Road. House is the first one on the right.
- Year Built: 1997
- Living Area: 2,380 SqFt
- Lot Size: 12 Acres
- MLS Number: 188057
- MLS Name: Aspen
- Office Name: eXp Realty LLC
- Listing Agent: Jeff Kelley, Cole Meier-Hollenback
©Copyright 2025 by Aspen Glenwood Springs MLS. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen Glenwood Springs MLS. IDX information is provided exclusively for consumers’ personal, non- commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 7:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,100,000
38992 River Frontage Rd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $49,740 | $2,541 |
2022 | $45,170 | $2,491 |
2021 | $44,630 | $2,334 |
2020 | $36,740 | $1,661 |
2019 | $36,740 | $1,594 |
2018 | $39,970 | $1,794 |
2017 | $39,970 | $1,576 |
History based on county public records data.
Nearby schools
5
Elk Creek Elementary School
Public District PK-4
1.7 mi
•804 Main Dr
5
Kathryn Senor Elementary School
Public District PK-4
2.5 mi
•101 Alder Ave
2
Cactus Valley Elementary School
Public District PK-4
5.2 mi
•222 Grand Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,965. Typical income of New Castle, CO residents is between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
About 38992 River Frontage Rd
The listing price of 38992 River Frontage Rd property is $1,100,000.
The property 38992 River Frontage Rd is a house located in New Castle, Colorado, 81647.
Active Listing: 38992 River Frontage Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 38992 River Frontage Rd are: Elk Creek Elementary School (GreatSchools Rating 5/10), Kathryn Senor Elementary School (GreatSchools Rating 5/10), Cactus Valley Elementary School (GreatSchools Rating 2/10), Riverside Middle School (GreatSchools Rating 5/10), Glenwood Springs Middle School (GreatSchools Rating 5/10), Rifle Middle School (GreatSchools Rating 3/10), Coal Ridge High School (GreatSchools Rating 6/10), Rifle High School (GreatSchools Rating 5/10), Yampah Mountain School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $2,541 (source: MLS/based on county public records data).
The property at 38992 River Frontage Rd has 3 bedrooms and 2 bathrooms.
The property 38992 River Frontage Rd is 2,380 SqFt (source: MLS/tax record).
The year of construction for 38992 River Frontage Rd is 1997.
This home is located at 38992 River Frontage Rd in New Castle, CO and zip code 81647. This 2,380 square foot home, which was built in 1997, sits on a 12.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $1,100,000.