The Anaconda was basically and upscaled Colt Trooper Mark III. The barrel lengths available included 8", 6" or 4" standard with a limited edition version with a 5" barrel.

The Anaconda didn’t have a terribly long production run, and Colt discontinued manufacturing the revolver in 2003, though beginning in 2021, Colt has reintroduced the revolver into its lineup.

Colt reintroduced its .44 Mag. Anaconda revolver in 2021, rounding out a line of magnum "snake guns" that started with the re-introduced Colt Python in 2020.