Estimate anchored to the list price ($5,250,000) and AVM (approx. $5.30M) with adjustments for riverfront, private pond and water right, separate apartment and nearly 8,000 SF. No live MLS comp pull available; range reflects local luxury riverfront variance in the Roaring Fork Valley.
Diamond on the River — Private Pond, Water Right & Apartment
A genuine rarity in the Roaring Fork Valley — this Aspen Glen estate fronts the Roaring Fork River and includes its own pond and deeded water right. Set on just over 1.6 acres, the residence spans roughly 7,978 square feet and delivers a thoughtful sequence of rooms for family living and entertaining. The voluminous main living room frames the river through floor-to-ceiling glazing and anchors the plan with a spectacular two‑story stone fireplace; adjacent seating and dining spaces flow into an open family kitchen that invites gatherings around the island bar. On the main level the enormous primary suite features a private sitting area and deck overlooking the water, providing a sweeping vantage for sunrise and evening river activity.
Practical luxury is found throughout: five ensuite bedrooms, a stately home office, a dedicated meditation and exercise room, and an upstairs/lower-level plan that offers privacy for guests. The lower level functions almost like a separate wing with its own family room, kitchenette, access to the patio and fire pit, and direct river access — perfect for multi-family living or for hosting friends. A separate apartment with private entrance increases flexibility for rental income, live-in staff or extended family.
Outside, the property’s river frontage, private pond and water right are the headline features that set this parcel apart from most valley offerings. A fly-fishing room and easy wader access let you step directly onto a stretch of Gold Medal water; bald eagles and abundant river wildlife are frequent visitors to the bank. Landscaping and multiple patios create outdoor rooms for dining, evening fires and quiet contemplation of Mt. Sopris across the valley.
Aspen Glen residents may opt into the private club and enjoy a Jack Nicklaus-designed course, fitness center, pool and pickleball — membership is optional. Downtown Carbondale and the Willits retail district (including Whole Foods) are a short drive for everyday needs, while Aspen/Snowmass world-class skiing and two regional airports are approximately a 45-minute drive. This property is offered at $5,250,000 — a rare riverfront opportunity combining scale, privacy and true water assets.
A 2002 other on 1.61 acres.
Building
Site & utilities
Aspen Glen (Mid-Valley)
Researched nearby locations
Location
397 Diamond A Ranch Rd, Carbondale, CO 81623
Aspen Glen sits in the Mid-Valley of the Roaring Fork Valley — a mix of gated/private communities, golf course development and open riparian corridors. The area attracts buyers seeking mountain lifestyle with lower valley access to restaurants, independent shops and outdoor recreation. Carbondale offers a strong local arts scene, farmers markets and convenient services while Aspen and Snowmass remain within easy driving distance for seasonal recreation.
Exceptional immediate access to fly-fishing, riverside trails and Aspen Glen club amenities; outdoor recreation is a primary asset of the property.
A factual market snapshot around 397 Diamond A Ranch Rd.
True riverfront parcels in the Roaring Fork Valley trade in a distinct sub-market from standard single-family inventory. Supply is extremely limited and demand remains steady among high-net-worth buyers seeking fishing access, mountain recreation and privacy. Median local sale prices for mid-valley homes are materially lower than this listing, but true riverfront estates with water rights command premiums. Expect a selective buyer pool, seasonal variability in showings, and marketing time measured in weeks to a few months depending on price alignment and contract conditions. Sellers should emphasize documented water rights and riparian access; buyers should be prepared for due diligence on water and environmental restrictions.
Likely residential single-family zoning with allowances for accessory dwelling units/apartments within Aspen Glen community; water rights and riverfront setbacks apply.
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Apartment/Guest Unit (Existing Separate Apartment)
- Recreational And Residential Accessory Uses
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- List price: $5,250,000. AVM: approx. $5.297M.
- Building size: 7,978 SF; Lot: 70,306 SF (~1.61 acres).
- Bedrooms: 5; Bathrooms: 6; Year built: 2002.
- Unique assets: private pond and water right, river frontage, separate apartment.
- Located in Aspen Glen — optional club amenities nearby; approximately 45 minutes to Aspen/Snowmass.
What stands out about this property.
Interior Features
- Approximately 7,978 SF of finished living space
- Five ensuite bedrooms and six baths
- Main-level primary suite with private sitting area and deck
- Voluminous living room with floor-to-ceiling windows and two-story stone fireplace
- Separate apartment with private entrance
- Meditation & exercise room, stately office
- Lower-level family room and kitchenette; fly-fishing room
Exterior & Lot
- Approximately 1.61-acre lot
- Direct Roaring Fork River frontage
- Private pond and deeded water right (per seller highlights)
- Multiple patios, fire pit and outdoor entertaining zones
- Three-car attached garage; long driveway and guest parking
Location & Neighborhood
- Located in Aspen Glen, a sought-after Mid-Valley development
- Optional access to Jack Nicklaus-designed golf course, pool, fitness and pickleball
- Short drive to downtown Carbondale, Willits and regional services
- ~45 minutes to Aspen/Snowmass ski areas and regional airports
Walkability & Recreation
- Walkability Rating: 28/100
- Recreation Score: 94/100
- Immediate access to fly-fishing, walking trails, golf and mountain recreation
Sources & research confidence.
See where the property research came from and how confidence varies by field.