Flowing Waters Ranch is a recreational paradise situated on approximately 111 prime acres in the south valley of Steamboat Springs. Owners have access to approximately ¾ mile of the Yampa River, which delivers some of the best fly fishing in Colorado. It traverses its way through the heartland of this property where east meets west and reveals a unique, multi-generational property offering not one, but two luxury residences- each with detached caretaker homes! The Ranch showcases a premier equestrian facility with an indoor riding arena. Various water rights are included with this property. Both residences have experienced substantial cosmetic renovation in the past year or more, enhancing the farmhouse and/or mountain contemporary themes of the homes. Rarely does a location like this come on the market where one can live a ranch lifestyle that is < 6 miles from the ski area or three championship golf courses and just minutes from downtown, snowmobiling and more!