Gray Hackle Ranch rests on 175 acres and has approximately 3,000 ft. of Pine River frontage and an additional 1,000 ft. on both sides of a branch off the main river with ‘end-of-the-road’ privacy and exceptional views of the Pine River and Pine River Valley. The 4,462 SF light-filled home has an inviting open living space with five beautifully appointed bedrooms and four baths. Also, there is a gourmet galley kitchen with a walk-in pantry and three wood-burning fireplaces. It is situated directly on an arm of the Pine River with a trout-filled Gray Hackle Lake and Cottage Pond, so water is visible from every window in residence. The river, lake, and pond provide opportunities for “world-class” trout fishing, and the soothing waterfall features create a serene environment conducive to rest and relaxation. The decks and outdoor living spaces are an extension of the home, allowing for enjoyment of the surrounding beauty and myriad of wildlife, both day and night. Just outside your back doors, there are two accessible private islands in the middle of the Pine River, connected by footbridges and surrounded by babbling water, to significantly increase the amount of river frontage and wadeable fishing waters. It also makes a great picnic spot, and in the springtime, it is captivating to watch the newly born fawns and geese that gather here. In addition to being one of southwestern Colorado’s finest tail-water fisheries, it has its private access road, extending to miles and miles of BLM and USFS land between the Pine River Valley and Piedra River Valley, providing endless recreational opportunities, whether horseback riding, hiking, mountain biking, 4-wheeling, snowmobiling, or hunting. There is also a 1,800 SF 3-bay equipment/toy barn, perfect for storing ranch equipment, ATVs, and an oversized RV. Gray Hackle Ranch is platted into five separate parcels, each parcel allowing its permitted water well and the purchaser many options, including a preferable 1031 Exchange opportunity. There is currently no conservation easement. The ranch is located just 10 minutes from the town of Bayfield, less than 20 minutes from Vallecito & Lemon Reservoirs, and less than 30 minutes from historic downtown Durango. This is one of the most soothing and nurturing properties in the Durango area, offering exceptional year-round recreation and abundant wildlife.