Buy now build when ready-Pelican Lake Ranch (also known as Beebe Draw Farms), where wide-open starlit skies meet peaceful reservoir & mountain views. This exceptional 2.15-acre homesite overlooks Milton Reservoir, offering breathtaking views that paint the water & sky in red & gold each morning. Designed for both luxury living and equestrian lifestyle, this lot has a connecting horse trail for easy access to the arena & round pen. The trails extend for miles and miles. This is a 3-horse property which also allows for: One primary residence, One ADU (per Weld County guidelines), 2,500 sq ft outbuilding, 1,400 sq ft barn, 720 sq ft garden shed. You can create your custom estate on your timeline - there is no required build deadline, giving you flexibility rarely found in today's market. This lot includes a full water tap that has already been purchased and installed- a major advantage, as taps with this capacity is no longer available in this area and ensures the lowest possible water bills. PLR residents enjoy resort-style amenities including a fishing lake, pool, cabanas, BBQ areas, sport courts, arena, round pen, miles of riding and hiking trails, and paved walking paths. RV Storage available. The extraordinary wildlife we commonly see includes eagles, dear, turtles, fox, hawks, owls, Jack rabbits, coyotes etc. In addition, many residents enjoy exclusive skiing and hunting memberships at Milton Reservoir. Visit for details regarding these premier recreational opportunities. Bring your own builder or select from builders that are pre-approved. Plan to live the lifestyle you've earned!Lot price is exclusive of the required water tap fee. Buyer will be responsible for a $70,000 water tap fee, payable to/reimbursed to Seller at closing. This full water tap has a current value of over $90,000.