Big price reduction from $1,500,000 to $1225,000. Fabulous 120-acre mountain ranch property with good water rights. Property includes two parcels (one on 40 acres with home and outbuildings, plus a second 80-acre parcel). 80 acre parcel can be sold separately for $495,000 or 40 acres can be sold separately with home and barns for $799,000. The majestic home features commanding views from every room, including out to Powderhorn Ski Area. All hardwood floors throughout its sprawling 3,838 square feet. Master on the main floor plus three large bedrooms upstairs including a second master suite. There’s also a 1,980 square foot unfinished basement with 8' ceilings. Barn, shop, older corral and three separate garage/storage buildings. Log cabin could be refurbished to board a ranch hand or create VRBO. 85 acre-feet of Vega water rights plus 60 shares of Coon Creek water.