Historic 525-Acre Legacy Ranch in Colorado's Wet Mountain ValleyWelcome to a truly remarkable offering: a historic 525-acre deeded ranch located in Central Colorado's picturesque Wet Mountain Valley. With breathtaking views of the Sangre de Cristo Mountains, this property is the ideal multi-generational family compound, income-producing ranch, and long-term legacy holding. Included with the deeded acreage are two Bureau of Land Management (BLM) grazing allotments, totaling approximately 42 square miles of additional grazing land adjoining the property.Incredible Setting and AccessPositioned at an elevation of 6,750 feet, the ranch offers a cool summer climate while remaining accessible to guests unaccustomed to high altitudes. Entry from State Highway 69 is via Stagecoach Lane, a private road with an electric gate and over a mile of paved driveway, flanked by handsome rail fencing. The approach includes crossing a red covered bridge over the year-round Texas Creeka beautiful trout stream that meanders for 1.5 miles through the property.On either side of the drive, you'll pass lush irrigated hay meadows and fenced horse pastures, perfect for cattle or equestrian use. A skilled ranch manager is already in place, handling annual hay production and property upkeep.Main Ranch HeadquartersA left turn at the crossroads brings you to the 3,666 sq ft main ranch house, complete with:4 bedrooms, 3.5 baths3 living areas and 2 dining spacesA fully furnished interiorAn updated kitchen with granite countertops (2021), new refrigerator, oven, and gas stoveA large unfinished basement with ample storageNew Renewal by Andersen windows (2022)Adjacent to the home are a 736 sq ft game room, a 738 sq ft two-car garage with storage, a garden shed, and a charming children's playhouse. A furnished gazebo with wood decking off the southeast corner offers space for outdoor dining and gathering.Additional Dwellings and OutbuildingsTurning right at the crossroads, you'll pass a tack shed and a large garden with 13 irrigated raised beds and mature fruit trees. Continuing on, you'll find the 1,000 sq ft bunkhouse (built in 2010), fully furnished with 2 bedrooms, 1 bath, a spacious deck, and sleeping arrangements for six. A new water heater was installed in 2021.Nearby sits the historic "Cat Ballou" barn, a picturesque structure used in the filming of the 1965 classic film starring Lee Marvin and Jane Fonda. The barn structure is in good condition and could be converted into a private entertainment space, public venue, or additional lodging.To the northeast lies an 1,800 sq ft metal woodworking/mechanic shop, fully equipped with a drill press, table saw, lathe, bandsaw, welding equipment, and more.Further north, you'll find the 2,232 sq ft Veranda House, which includes:3 upstairs bedrooms furnished with a king, two queens, and two twins1 downstairs bedroom with bunk bedsA remodeled kitchen and bathroom with granite counters (2021)A commercial-grade gas stove and gas central heating system (2021)Nicely furnished living and dining areasAn attached 505 sq ft garage and a partially finished basementUpgraded laundry appliancesRecreational and Income PotentialWith tens of thousands of acres of public land nearby, the ranch offers excellent hunting for elk, deer, bear, turkey, and more. Texas Creek provides trout fishing and also irrigates the ranch's lush meadows. Located in Colorado Game Management Unit (GMU) #86an Over-the-Counter (OTC) unit for elk huntingthe property has typically received two mule deer tags annually through the Landowner Preference Program, making it a true big game hunter's paradise.The ranch boasts the #1 water right on Texas Creek, and much of the grazing allotment borders miles of the Arkansas River, offering opportunities for fly fishing, rafting, and recreation.Income streams include short-term rentals, grazing leases, hay production, and hunting, and the ranch's infrastructure lends itself perfectly to a future event or wedding venue, with ample room to construct a large gathering space.Key Features:525 deeded acres with two BLM allotments (~42 sq mi)3 residential homes with extensive furnishings and updates1.5 miles of year-round live water on Texas CreekHistoric barn, workshop, game room, playhouse, and morePaved access, electric gate, and high-speed internet potentialIncredible wildlife, fishing, and recreational access