Colorado rancher’s paradise on 172 breathtaking acres overlooking Narraguinnep Reservoir. This custom-built, recently updated single-level home offers 3 bedrooms, 2 baths, and 2,733 square feet of refined mountain living. Framed by Mesa Verde, Sleeping Ute, and the La Plata Mountains, the property delivers exceptional privacy, valuable water features, functional ranch infrastructure, and borders 897 acres of public land. A 1,385-square-foot wraparound deck embraces much of the home—an ideal setting for sunrise coffee and unforgettable Southwest sunsets. Inside, rustic elegance defines the open living room with reclaimed barn wood floors, exposed Douglas fir beams, soaring cathedral ceilings, and a dramatic moss rock fireplace with pellet stove insert. Expansive windows capture panoramic mountain views. The gourmet kitchen features stainless steel appliances, new granite countertops, updated tile and cabinetry, a walk-in pantry, an island with prep sink, and a generous laundry/mudroom designed for everyday ranch life. The primary suite is privately positioned apart from two additional bedrooms and a full bath, providing ideal separation for family or guests. Both the primary bedroom and the charming dining nook open directly to the covered back porch for effortless indoor-outdoor living. Recent improvements include remodeled bathrooms, fresh interior paint, new wood flooring in the bedrooms, new carpet, a new garage door, and updated stucco siding with exterior stain. Ranch amenities include a livestock shelter and holding pen, large hay barn, workshop, fenced and cross-fenced pastures, two ponds, a year-round live spring, improved internal road system, designated riding arena site with panels included (not installed), and a full RV pad with hookups or potential space for future guest quarters. Rolling meadows dotted with piñon, juniper, and cedar complete this extraordinary property—rich with wildlife and classic Southwest Colorado beauty.