Strategically located, these 240 acres lie between Durango and Bayfield. Tucked in the pines, this property enjoys a nice combination of trees and meadows with a large lake fed by springs and a meadow creek. The property enjoys deeded water rights and has tremendous development potential with paved CR 228 as one of its boundaries.Two custom homes include the main headquarters and a second home. The main residence has been remodeled with a large high-quality addition boasting a true great room with moss rock fireplace open to the dining and kitchen area; its built with entertaining in mind! Built in 2009 by a local contractor, the second home has very nice finishes, a functional layout and attached two-car garage. The home is great for guests, rental or extended family. Both homes have beautiful lake views, mature landscaping and well-kept grounds.In addition to the homes, there is plenty of storage for equipment, horse facilities and outbuildings. With very few ranches of this size in this area, this is an exceptional opportunity!