Prime location between Durango and Bayfield, CO. This rare 228 acre ranch is tucked in the pines with abundant lush meadows, a private lake fed by springs and a meandering seasonal babbling brook. The property also boasts deeded water rights and has tremendous development potential with paved CR 228 as one of its boundaries. There are 2 custom built homes on the property...the main home is great for entertaining with a true great room, moss rock fireplace open to the dining and kitchen area. The guest home is clean and comfortable with nice finishes and 2-car attached garage. Both homes have mature landscaping and beautiful lake views! The property would be a terrific horse ranch or would make a perfect conservation candidate. There are very few ranches of this size in this area, this is an exceptional opportunity!