Rare opportunity to own large 40 acre property in an exclusive gated community. Location is everything! This wonderfully built 4,616 square foot custom home is only 2 miles from City Market, the hospital district, shopping, and restaurants. Plus, city water, high speed internet, and panoramic views of Pagosa Peak. In addition, this fully fenced and cross fenced property has a 3,000 square foot barn that is perfect for your horses, RV, or just your toys. The layout of this home is truly one of the best in the area with a large master wing on the main living area that includes a bedroom, 2 closets, an office, and en suite bath. The walkout basement is the perfect mother-in-law or caretaker quarter with its own entrance and garage, storage, washer and dryer, and kitchenette. The open floor plan includes an oversized kitchen, dining, living room with fire place, and lots of natural light and cathedral ceilings. 3 bedrooms and 1 bath are on the upper floor. The many amenities of this home include cedar and natural rock siding, a standing seam commercial roof, large windows, radiant floor heating with natural hardwood and tile floors. All 39.91 acres of this property are usable with open meandering meadows. Agricultural Tax Status. A few of the owners favorite things: 1. Have we mentioned the views? Sunsets from the front porch, panoramic mountain views from the back deck.