Experience the opportunity to own this remarkable 254 +/- acre estate, featuring a historic 1200 square foot cabin, a versatile 60'x40' heated shop building, and endless possibilities for creating your dream home. This property offers excellent income potential through hay production, or the freedom to raise farm animals and embrace a true ranching lifestyle. Wildlife flourishes here, with frequent sightings of elk, deer, bear, birds, and more. Take in breathtaking views of the Sangre de Cristo mountain range from every corner of the property. Enjoy the ultimate outdoor lifestyle with opportunities for hunting, fishing, bird watching, hiking, and ATV adventures. BLM and National Forest land are accessible offering for more open space right outside your backyard. Premium water rights accompany the land, providing the flexibility to build a stunning home or add additional cabins. Ideally situated, this property is just 30 minutes from Salida, 20 minutes from Saguache, and 45 minutes from Alamosa-offering both tranquility and convenience. Seller is open to Owner financing options.