A property that offers many different lifestyle options. 7.03 productive acres that are situated between a winery, a new orchard and an organic farm. Beautiful Mountain views, good irrigation water and fertile soil; a combination hard to beat if loving your land is what you're looking for. The 4 bedroom, 2 bath home is a comfortable 2 levels with windows everywhere to take in the West Elk Mountain views, tastefully painted and well maintained. Enjoy cozy evenings around the river rock fireplace in the downstairs family room, french doors into the living room and sliders out to the warm windowed sun room perfect for reading among all the plants, hot water baseboard heat, carpet and tiled flooring are the perfect compliment to an agriculturally friendly home site. Situated among tall, mature trees, there's a family orchard, grape arbor and little reflection pond in the garden. You'll love the landscaping with lots of room to expand with your personal choices of plantings. The irrigated pastures are clover and alfalfa irrigated with gated pipe, plus, a small stock pond. Complete with all the necessary family farm outbuildings from chicken house, to livestock buildings, storage areas, covered firewood storage and a shop area that completes the small family farm package. Ride your horses a few miles along dirt roads into the National Forest, or use your pastures to finish your calves or other livestock creating a self sustaining family farm. With proper thought and management this property can support it all. Are you creative? There's a studio and a big shop in the outbuildings when you seek that respite from agriculture. Its a one of a kind property located in a special agriculturally friendly section of Colorado. Come see for yourself.
Single-familyProperty Type
1977Year Built
7.03 acresLot Size
$227Est. Price/Sq.Ft.
Listed by David Mitchell• WesternColoradoRealty.com
Bought with Patricia Kaech• Needlerock Mountain Realty and Land, LLC
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Earn from this home
Rent
$2,711/mo
Redfin rental estimate
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Market trends in 81428, CO
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.4%
0.6% MoM
Median sale price
$540K
$50K MoM
Avg. days on market
76d
6 days MoM
Recently sold homes
7
1 MoM
Provided by Redfin
Sale history for 40276 M Rd
Date
Event
Price
cren #723732
Oct 18, 2016
Sold
$369,500
$133/sq ft
Aug 17, 2016
Listed
$369,500
$133/sq ft
cren #685380
Apr 8, 2014
Listing Removed
—
Sep 16, 2013
Listed
$329,500
$119/sq ft
cren #678770
Jul 29, 2013
Sold
$313,000
$113/sq ft
Apr 24, 2013
Listed
$329,500
$119/sq ft
+12
Pristine rural Paonia surrounded by large shade trees. The property features 7 acres, mostly irrigated with an updated home that could be 4/5 bedrooms. There is a large sun room that adds warmth and sun to a winter's day. Outbuildings include: 64x15 multi-purpose shed with 220v/newer roof/hot tub room/shop; 50x15 metal garage with tac room/hay storage, power; 15x48 metal animal shed/hay storage; 50x15 garage, tac room, hay storage/and loafing shed; 15x48 metal animal shed with hay storage. Also includes a nice pond. 20x24 metal storage building.
cren #668452
Nov 29, 2012
Listing Removed
—
May 16, 2012
Listed
$329,500
$119/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,767 (+19.4%)
$1,270 + $25,615
$26,885
2024
$1,479
$1,270 + $25,615
$26,885
Tax history for 40276 M Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,767 (+19.4%)
$1,270 + $25,615
$26,885
2024
$1,479
$1,270 + $25,615
$26,885
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.