Don't miss out on this incredible opportunity to own a sprawling 40-acre property with frontage along Lake Durango, a 3,800 square foot home, and a spacious barn, all within a mere 10-minute drive from downtown Durango. The home, originally constructed in 1980, presents a blank canvas for your personal vision as it was in the process of being prepared for a remodel. You have the creative freedom to tailor it to your preferences, requiring updates in areas such as flooring, kitchen, and bathrooms to truly make it your own. Inside, the home boasts vaulted ceilings that flood the space with an abundance of natural light, creating a warm and inviting atmosphere. The grand great room showcases a one-of-a-kind custom-built stone fireplace, adding a touch of rustic charm to the interior. The primary bedroom, complete with a generous en suite bath and a spacious walk-in closet, offers the perfect retreat and opens onto a beautiful balcony, providing a private outdoor space for relaxation. Due to its current unfinished state, conventional 30-year financing may not be available, so it's advisable to explore financing options with a bank or consider a cash purchase. One of the exceptional features of this property is its lack of covenants, allowing you the flexibility to make it your own. The land is thoughtfully fenced, making it an excellent choice for those interested in keeping horses or cows. Set amidst towering pine trees, interspersed with gamble oaks and open meadows, this property exudes privacy and tranquility. If you're seeking a serene and secluded retreat just minutes from downtown Durango, this property is a rare find that offers endless possibilities. Don't let this opportunity slip through your fingers—schedule a visit today to discover the full potential of this remarkable property.