200 Thoroughbred Road, Durango, CO 81303

Eric Roark, The Wells Group of Durango, LLC, C: 214-725-7893, ericroark@wellsgroupdurango.com, www.crenmls.com: This unique Durango property has "park-like" stunning views of the Florida River valley with a background of mountains (La Platas & San Juans). This property has a portion on top of the Florida Mesa as well as 678 feet of Florida River frontage down in the valley. It is comprised of 41.5 acres of unrestricted property that serves as the entrance to the gated community of Florida River Ranch (FRR) of which it was Lots #2 & 3. Lot #2 is a four acre portion with the original equestrian ranch home built in 1977 (about 3000 sqft with unfinished basement, completely remodeled from 2017-present) and a separate "guest quarters" (additional unit with post & beam construction, about 1300 sqft with a small basement) which was added in 2020. Both properties share the "deer proof" backyard, both wells & septic. Each dwelling has a Main Bedroom (upstairs in main house & downstairs in the addition) with ensuite baths (each with a soaking tub). Because these are "outside" the HOA, there is potential for use as rental property.To the north of these residences are the remaining 37.5 acres of property (lot #3 of FRR) with a 5000 sqft haybarn and 1770 sqft stable with multiple fenced pens with welded iron pipe fencing. About 15 acres are flat land (including mesa top and riverside areas) and the remaining is sloped terrain from the mesa top to the valley. This portion of the property was for sale this last year ($599K) but is now being combined with the residences for this sale. Because this is a separate lot, this can be developed for another residence.The original ranch property was 600 acres, which was subdivided into lots for the Florida River Ranch subdivision. On the west side of the Florida river (Florida Mesa top and slope to the valley), the properties were used for the 60 ft "right of way" of Thoroughbred Road that goes from the gate on the mesa top to the Florida riverside/bridge across to the valley. Thus this property is inside the gate, but not regulated by the HOA (FRR). This means the HOA is responsible for asphalt road maintenance (repairs, snow removal) across this land, but the owner only pays a gate fee ($100/yr).This property has everything you want to enhance the Colorado Outdoor Experience as the rural natural beauty, wildlife (adjacent to natural avian preserve with deer and turkey seen regularly), horseback riding, fishing, and winter sports activities are available in every direction from this south Durango location. Purgatory Ski Resort is about an hour north. The Durango Historic Railroad has the world famous scenic railway to Silverton. Incredible sunrises, sunsets and avian species (nesting sites for golden eagles in the adjacent cliffs) are seen every day. Not only do the houses share a "deer proof" backyard, together both buildings have over 2000 sqft of decks with most being built with composite decking. The back deck has a 3500 gallon swim spa that is about 6 years old. All of this overlooks the incredible views from 200 feet above the Florida River valley and the surrounding mountains.Although this property is horse ready, it can be used as a lot for another residence (Lot #3) or developed in to a smaller farm because of the abundant water. Presently the seven stall Morton Barn includes a tack room and 3 of the stalls have been rebuilt with new floors and separating walls. Four large outside pens, a 5000 square foot Hay Barn and a small shed complete the facilities. Most enticing is that this property comes with Senior Water Rights with 1 CFS from a spring that has historically never gone dry. This would comfortably house about 5 horses, but the land can also serve as a small livestock farm as all the outside pens can be easily converted to "deer proof" fencing and irrigated for crops.