This 3.5 acre lakefront home with guest quarters and barn is located in the North Animas Valley in The Ranch Subdivision. One of only 4 ranchette lots that backs to the James Ranch (with conservation easement in place), this home enjoys stunning views of the red Hermosa Cliffs in a peaceful, tranquil setting! This residence is accessed via a circular concrete driveway surrounded by mature tall trees and the pasture and barn is accessed via a gated drive. The well-maintained single 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 property has been very well-kept and includes a newer roof. It can be enjoyed as-is or taken to the next level with minor updating or a major renovation. Upon entering the main home via a covered tile portico, you can see the floor-to-ceiling stone fireplace in the spacious great room, with vaulted beamed ceiling, and expansive windows, Adjoining the great room is the kitchen with a dining area and access to the covered back deck with views of the Hermosa Cliffs. On the west wing of the home you will find 3 en suite bedrooms including a large master suite with sliding door to another covered deck and a backyard adjoining Fawn Lake. This property includes a matching barn (for 2 horses, hobby cave or toy barn) and a fenced pasture. Enjoy living in the heart of the Animas Valley while driving only 10 minutes to Durango or 15 minutes to Purgatory ski resort. The amenities at The Ranch community include: extensive open space, irrigation water for your lawn and gardens, community RV storage area, trout fishing, tennis court, Animas River beach, walking trails and beautiful, mature landscaping in a friendly community.