Don't miss this rare river-front homestead in Pagosa Springs, CO. Available for the first time in over 45 years, this property offers the unique combination of river frontage, no HOA, stocked fishing pond, irrigated hay meadow and beautiful views, all packed in a setting (8+ acres) that you can afford. This property is located west of Pagosa Springs near Chimney Rock National Monument. Enjoy quality fishing with ~140 feet both sides of the Piedra River and a private fishing pond shared with the neighbor to the north. Continuously fed by cold, clear river water, the pond is known to produce trophy trout. Apple and Peach trees in the front yard survive well in this area long recognized as a “Banana Belt”, with a microclimate conducive to fruit trees and highly productive gardens. Whether you have a green thumb or just want a riverfront show-piece, the 0.75 CFS of water rights are more than enough to irrigate your garden, hay crop, and yard. The existing 2 bed/2 bath home will need significant work, yet still offers buyers an immediate home-base which can be fixed up or utilized as your temporary accommodation while you launch your new dream home elsewhere on the property. The home and the east hay meadow (most recently alfalfa/grass mix) sit slightly elevated with north and south views of irrigated Piedra River valley. To the west the property straddles the Piedra river and is blanketed by towering cottonwood trees. Looking west, bright yellow and gold canopies back to a sheer hillside towering nearly 500 feet above the river bottom. For those who travel, this easily accessible property is less than a mile from Hwy 160 and only 40 minutes to a commercial airport in Durango, CO. Pagosa Springs, CO is a recreation destination known for its namesake hot spring pools, hiking, biking, rafting, offroading, and nearly every manner of outdoor adventure. Nearby Wolf Creek Ski Area routinely boasts the most snow in Colorado while typically avoiding the perpetual crowds found at other more well-known resorts.