Riverfront Retreat with a Thriving Pond and Water Rights - A Rare Oasis in Taos! This magical 4.59 acre private estate has everything you could want - the Rio Hondo flowing through, water rights, and a tranquil pond that sets the scene for peaceful mountain living. The main house is warm and inviting, while the charming guest house offers space for family and friends. And for a touch of whimsy, there is a tree house just waiting for unforgettable moments. The enclosed greenhouse, once a swimming pool, sparks endless possibilities -think vibrant gardens, an artists studio, or a cozy gathering space. The warm colorful 2796 square foot 2 bedroom, 2 full and a half bath main house with mountain views of El Salto to the east and windows bringing the outside views in. Originally a gristmill in the 1930s, this property is rich in local history! The home features a country kitchen and dining room with access to a covered portal, plus an office or study. The sloping porch Casita (Guest House) 704 square foot 1 bedroom and full bath casita is perfect for family and friends. An additional 877 square foot loft bedroom and full bath guest house aka the Tree House is a fairy-tale cottage, hand built by the owner, who is a Taos artist and metal sculptor and furnished with handmade furniture and antiques. There is peace and quiet except for the rustling of the giant 200 year old cottonwoods and the rushing of the Rio Hondo River as it makes its way to the Rio Grande. The Tree House has a balcony that overlooks an active pond. The Valdez valley is a lush oasis in the high desert and its riparian environment is visited by abundant wildlife and migratory birds making the location one of the rarest of the county’s many ecosystem that bloom from spring to fall. The sweeping lawn spans between the houses, pond and the river. Nestled among cottonwood trees and all but invisible this compound is exceptionally private and quiet (other than the sound of the river). Nestled between Taos Ski Valley and the lively village of Arroyo Seco, and only minutes from Taos Plaza, this property balances seclusion and convenience. Whether you are craving days on the slopes, exploring local art galleries, or just soaking up the views, you are perfectly positioned. Embrace the spirit of Northern New Mexico and make this stunning Valdez escape your own. The mountain air, flowing water, and endless skies are calling — are you ready to answer? Discover your dream retreat in the verdant Valdez Valley! Adjoining 9.5 acres are available for purchase.