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Caballo Springs Ranch

Colorado, La Plata County, Bayfield – MLS 733075

Nestled on 40-acres in the verdant Wallace Gulch and overlooking its own large pond, this beautiful home emanates serenity. Its current owners have remodeled and expanded the original historic house over the years to reflect the natural beauty of its surroundings and to welcome all who enter.

Outside, a spacious deck wraps around the front of the house, with a small dock at the water’s edge. Here you can listen to birds of all kinds singing in the cattails, or watch the sunrise over lush meadows and wooded mountains to the east.

Inside the home, the great room also displays this idyllic view though two large bay windows. Solid cherry wood cabinetry lines the far wall, perfect for displaying treasured books and keepsakes. An attractive gas stove on stone hearth provides warm firelight while radiant heat keeps the tiled floor cozy underfoot. Exposed beams alternate with track lighting overhead, an example of the many ways the home’s design blends modern style with rustic charm. The chef’s delight kitchen and breakfast area are thoughtfully laid out to allow for your choice of large celebrations or intimate dinners. A generous island, topped with solid maple butcher block, houses a gas range with plentiful cabinets and drawers underneath. Alder cabinets, honed black granite counters with decorative tile backsplash and Jenn-Air appliances wrap around the cooking area, with ample space for table and chairs by the western window. Formal meals can be served in the separate dining room, with its cozy woodstove, sloping stone hearth and views of geese nesting on the island outside.

The master suite wing offers privacy and the best views in the house. Located above the great room, it features a large bay window to the east, through which you can watch the morning sun from the comfort of your bed. In the evening you can step out onto the private balcony to watch the mesmerizing sun set. Lit by flickering fire from the stove and the stars above, this room was designed for sweet dreams. Step into the steam shower for quick convenience or lounge in the spacious soaking tub, where you can savor magnificent water and mountain views through the adjacent bay window. Cherry wood floors and cabinets combine with skylights to fill this luxurious bathroom with natural warmth and light.

Throughout each season, you can enjoy the great outdoors from inside your home or head outdoors to explore over 1,600 acres of public land that adjoins the property. Whether you seek a quiet vacation retreat welcoming you warmly every time you return, or a year-round residence, this home is a must see.

Property Details


External Features Include:

  • 40-acres of beautiful meadows and hillsides dotted with juniper, pine, aspen woodlands and gambel oak; 6+-acres are pasture fenced for horses
  • Gorgeous HD Mountain Range views from the house, and Weminuche Wilderness area from up top the ridge behind the house
  • Sitting porch, surrounded by seasonal blooming perennial gardens, and a gurgling stream, overlooks the pond and is partially shaded by flowering pear and apple trees and plum bushes
  • Autumn Blaze maple tree in the front of house gives stunning contrast and color in the fall
  • Walkway up to and around the house is Colorado rose colored flagstone
  • 100 ft-deep well with the sweetest water
  • Large pond with small wood dock
  • Adjudicated natural springs with .50 c.f.s. acre feed water rights
  • Five horsepower pump sprinkler for irrigation
  • Extended line from house to the barn for horse water and hose connection
  • Property is perimeter fenced with wooden and cross-bar fences
  • Excavated gravel driveway features a big turnaround to fit trailers
  • French drains around house provide good drainage
  • 2-car garage, plus small garage for equipment
  • Barn with extended roof line is 2,317 sq. ft. and has two 12x12 stalls, hay storage and a 10x15 tack room; well insulated
  • Paddock attached to driveway for horse trailer access
  • Round pen for horses leads out to the pastures
  • Storage shop area with concrete block foundation
  • Hidden propane tank leased from AmeriGas
  • 1,698-acres of east and west BLM lands with no public entrance, only accessed by private land owners
  • Horse trail connects to adjacent BLM land; 600 ft. above the property you can see the Needles, La Platas, Weminuche wilderness, and the HD Mountain Range
  • Ride all the way into Gem Village and to the ridge overlooking HWY 160 valley on the BLM land


  • 2,317 SF with extended roof line; well insulated
  • Two 12x12 stalls with sliding doors and large door to close off from hay storage
  • Separate hay storage area
  • Separate tack room with tongue and groove paneling, high ceilings, tile floor
  • Work bench with cupboard storage above and underneath
  • Storage shop area with concrete block foundation
  • Paddock with automatic waterer, attached to barn

Main Residence

Features Include:

  • Beautifully crafted 4,400 sq. ft. home
  • 4 bedrooms and 2½ baths; home features two stories with open floor plan and breathtaking views
  • Hydronic heating and gas stove heating
  • 6 large bay windows allow for an abundance of natural light to stream through
  • An historic 1867 3x6 rectangular Rosewood grand piano sits in the living room, that will stay with the home
  • In-floor radiant heating with multiple heating zones; propane heat
  • Saltillo tiles and carpet flooring
  • Ceiling fans throughout
  • Potting room with hot and cold water has sink and floor drainage
  • Ample storage


Entry Room/Living Room

  • Spacious entry mudroom with a beveled glass door and coat closet
  • Saltillo tile flooring
  • 10-ft. ceilings with 10-12 ft. cross beams
  • LED track lighting
  • Two huge bay windows allow for expanded views of the HD Mountain Range and valley; built-in window seats below with cushions and storage underneath
  • Gas stove on stone hearth with sandstone mantel
  • Built-in bookshelves have storage for TV and electronics
  • Roman blinds
  • Ceiling fan
  • French doors open onto a covered porch that leads to a large two tiered deck that overlooks a trout stocked spring fed pond

Kitchen and Breakfast Area

  • Large open kitchen with abundant sunlight has breakfast sitting area
  • A generous sized island topped with solid maple butcher block has bar seating; island houses a Jenn-Air 5-burner gas range with plentiful drawer space underneath
  • Honed black granite counters with decorative tile backsplash
  • Alder cabinets with glass inserts have ample storage with under and over-counter lighting
  • Stainless steel side-by-side refrigerator and freezer
  • Convection microwave; double conventional and convention ovens
  • Trash compactor
  • Wet bar with sink and rack for wine glass storage
  • Double porcelain under mount Kohler sinks have reverse osmosis faucet with instant hot water fixture
  • Bay window in the corner allows for visibility of the horses; door leads to rear west-facing flagstone patio; great sun exposure in the afternoon
  • Saltillo floors with in-floor heating
  • Generous walk-in pantry for cookbooks and storage also houses an LG steam washer and dryer
  • Door to cellar under original foundation of the house
  • Broom closet off the kitchen

Separate Dining Room

  • Original stone walls of the house are located here
  • Woodstove and sloping stone hearth
  • Glass door leading from dining room leads outside to cedar porch
  • Windows looking out over the pond

Guest Bedroom

  • Guest bedroom with stone wall
  • Vaulted tongue and groove pine ceiling
  • Ladder leading to an open loft area
  • Leaded windows with tree design from original house
  • Bay window
  • Ceiling fan
  • Solid pine double-door closet with brass handles
  • Carpeted

Guest Bath

  • Full bath for guest bedrooms
  • Arched inset and tile shower/tub combo with accent tiles on the wall
  • Travertine flooring
  • Granite counters with Kohler sink
  • Big mirrors and built-in medicine cabinets on both sides


  • Office has a deep closet and door to the outside so could be used as another guest bedroom
  • Vaulted ceiling with ceiling fan and recessed lighting
  • Three large windows provide views of the pond

Powder Room

  • High ceilings and sconce lighting
  • Granite slab counter-top and stand-alone porcelain sink
  • Stainless fixtures


Master Bedroom Suite

  • Master suite on separate side of the home offers great privacy
  • East and west views with large windows on both sides of the bedroom
  • Clerestory windows on one wall create soft lighting
  • Gas stove makes it very cozy in the winter
  • Surround speakers
  • Cedar cross beam offers interest
  • Sliding glass door opens onto private cedar deck
  • Deck has heated storage closet

Master Bath

  • Jetted tub on a platform with windows all around with valley views
  • Cherry wood cabinets with double porcelain sinks
  • Three skylights
  • Walk in steam shower has three shower heads, niches and sitting platform
  • Double door walk-in closet

Guest Bedroom Two

  • Landing that could have a desk
  • Built in shelving
  • Skylight windows brand new with screens
  • Arched story and half ceilings
  • Plenty of storage upstairs

Wildlife and Recreation

The property has an ideal combination of open meadows, pines aspen woodlands, a large pond, trails and wildlife habitat, creating a very private setting that supports a myriad of activities. The property has exceptional equestrian facilities and riding terrain, and the ranch offers great trails and topography for hiking and climbing. The ranch has a well maintained irrigation ditch and pond which supports that wildlife in the area. Commonly seen are elk, mule deer, wild turkey, coyote, great horned owls and eagles along with many other small animals and song birds. Occasionally, you may even see a black bear crossing the field. The ranch has a well-maintained irrigation ditch and pond which supports the wildlife in the area and provide an opportunity for fishing. For a complete fishing experience, the Pine River, along with Lemon and Vallecito Reservoirs, provide a wonderful destination, just minutes from the ranch. Also, the Animas and Florida Rivers are nearby.

For downhill skiing, Purgatory Resort is a 40-minute drive from the ranch, while Wolf Creek Ski Area is an hour and 20 minutes away. Cross-country skiing, snowshoeing and snow-mobiling are also available throughout the area and on the ranch. Summertime is filled with opportunities for riding, hiking, fishing, boating, golfing and visiting the local Durango to Silverton Narrow Gauge Railroad, Mesa Verde National Park and the Four Corners National Monument. Excellent golf can be found at Dalton Ranch Golf Club, Hillcrest Community Club, the private Glacier Club (memberships available), and a top-rated public course at Pinion Hills in Farmington, NM (approximately 40 miles).

Offered at $997,000

This property is offered by Legacy Properties West Sotheby’s International Realty, LLC, Tom and Zach Morse, Brokers. All information provided by Legacy Properties West Sotheby’s International Realty, LLC or its sales representatives in connection with this property was acquired from sources deemed reliable, however, we do not warrant its accuracy or completeness and any users of such information waive any claims related thereto. Legacy Properties West Sotheby’s International Realty, LLC recommends that every item of interest to the purchaser (i.e. issues regarding title, water, minerals, survey, zoning, permits, land use regulations and other applicable laws, and any other issues) be independently verified by the purchaser’s attorney.

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