An opportunity like this doesn't come along often - this 3.5 acre property in the North Animas Valley wraps around Fawn Lake at The Ranch and has stunning views of the red Hermosa cliffs in a private, tranquil setting! One of only 4 ranchette lots that backs to the James Ranch (with conservation easement in place), you are greeted by a circular concrete driveway flanked by majestic tall trees. The well-built, one level home (with 3 car garage) has 3 bedrooms, 3-1/2 baths in the main home, and 2 bedrooms, 2 baths in the attached guest/caretaker quarters. This home has been well-maintained and includes a newer roof, and is ready to be taken to the next level with minor updating or a major renovation. Upon entering the main home via a covered tile portico, you are greeted by a spacious great room, with vaulted beamed ceiling, tall windows, and a floor-to-ceiling stone fireplace. Adjoining the great room is the kitchen with sliding door to the covered back deck. On the west wing of the home you will find 3 bedroom/bath suites, including a large master with sliding door to another covered patio and the backyard along Fawn Lake. Listen to the birds and sounds of wildlife in this pastoral, serene setting. This property includes a barn and fenced pasture (for 2 horses or simply storage). It has been pre-inspected and is offered with a one year warranty. Enjoy living in the country while driving only 10 minutes to Durango. The amenities at The Ranch include extensive open space, irrigation water, RV storage area, trout fishing, tennis court, and beautiful, mature landscaping in a friendly, established community.