LAZY D RANCH! Incredible Opportunity and Potential! Motivated Seller! PRICED Below Market Value! it would cost $1,500,000 just to build the house W/O acreage. Not to mention the cost to build the outbuildings as well! This Historic Ranch w Water Rights, Sweeping Views, Timeless Charm AND a masterpiece of a home on it! 356-acres in Colorado’s stunning San Luis Valley w unobstructed views of the Sangre de Cristo Mountains & Saguache Creek running thru the property! Turnkey, offering the ultimate lifestyle for cattle, horses, hay production or as a perfect retreat! Or, it could be subdivided. The 5800 + sq ft rustic/elegant main home, was thoughtfully designed to showcase the mountain vistas from every angle. Floor-to-ceiling cypress-framed windows, Douglas fir ceilings, radiant in-floor heat, an amazing chef’s kitchen w walk-in pantry. Unique features include a sunset lounge with passive solar design, a rock waterfall entry, Venetian plaster walls, and a spacious media room. Outdoor entertaining space with a pizza oven, built-in BBQ, and ¾ fenced courtyard with decks, lounge areas, and a cozy fire pit—perfect for gatherings under Colorado skies, dark sky nights or sunny days.. The ranch includes two high-producing irrigation wells (1200 and 950 GPM), stock wells, several priority ditch rights, ponds, and good surface water rights from/on Saguache Creek. Outbuildings include a historic barn, root cellar, calving sheds, the original homestead, and a 3,200 sq ft shop with radiant floor tubing, bathroom plumbing, and 3-phase power. Water hydrants and power serve the house, shop, corrals, and future manager’s home site. Farm equipment—hay wagon, riding mower, pumps, irrigation pipe, fuel tanks, and more—is included. Just 10 minutes from the Town of Saguache, this Ranch blends natural beauty, modern infrastructure, and rich agricultural potential. Whether you're ranching, homesteading, or investing, this is Colorado living at its best. LISTED IN FARM AS WELL.