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$1,500,000
New Listing

20987 Highway 92
Delta, CO 81416

For Sale|Land|Active
Subdivision:
None
County:
Delta
Listing courtesy of Dan Murphy of M4 Ranch Group, LLC
Call Now: 970-799-4001
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970-799-4001
20987 Highway 9220987 Highway 9220987 Highway 9220987 Highway 92
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Located in Delta County, Colorado, this 74± deeded acre ranch includes approximately one-half mile of Gunnison River frontage. Old-growth cottonwoods, irrigated meadows, and senior water rights give the property both beauty and function. This is a usable river ranch with paved year-round access off Highway 92, convenient proximity to Delta and Montrose Regional Airport, and the kind of layout that supports equestrian, agricultural, and recreational use. Water is a central part of what makes this property work. The ranch benefits from senior water rights dating back generations, and that history shows up on the ground. The meadows are productive, the pasture is strong, and the irrigation gives the ranch real agricultural and equestrian value. For a buyer looking for a horse property in the Mountain West, that combination matters. Mild winters, dry summers, quality pasture, and room for further improvements create the kind of flexibility that is hard to replicate. Recreation is a real part of this ranch’s value. With Gunnison River frontage, the property offers exceptional brown trout and rainbow trout fishing, creating the kind of everyday access to quality water that makes ownership more meaningful. It is easy to picture quiet mornings on the river, evenings spent under the cottonwoods, and the simple benefit of having strong fishing as part of the property rather than something that requires planning, travel, or permission. The river corridor and irrigated meadows also support productive duck hunting, bringing another dimension to the ranch’s sporting value. The combination of water, habitat, and usable ground helps create a property that is enjoyable in more than one season and for more than one purpose. For the buyer who values time outdoors, it is the kind of ranch that offers not just scenery, but experience. The ranch is well suited for horses and livestock, with ground that can support an arena, barns, and additional agricultural improvements. It also offers an improved riverfront homesite, giving the next owner a strong starting point rather than a blank slate. You can live here full time, build out an equestrian setup, or create a private base for fishing, riding, and day-to-day ranch life. With no conservation easement in place, the next owner has the ability to shape the land in a way that fits their goals, whether that means improving the horse setup, strengthening the agricultural operation, building a home that fits the setting, or simply holding a stretch of productive river ground for the next generation. Delta River Ranch is a property with the right fundamentals: river frontage, senior water, irrigated pasture, practical access, and a setting that supports both daily use and long-term value.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
74 Acres
Year Built 
N/A
MLS® Number 
834113
Status 
Active
Property Tax 
$327.12
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
74
Water Source 
WellPrivate
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Exterior Features
Lot Features 
Waterfront
Waterfront 
Yes
Waterfront Features 
River Front
Community Features
MLS Area 
Delta
Schools
School District
Unknown
Elementary School
Open Enrollment
Middle School
Open Enrollment
High School
Open Enrollment
Listing courtesy of Dan Murphy of M4 Ranch Group, LLC



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Last checked: 2026-04-30 02:05 AM UTC

Neighborhood & Commute
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