Situated on more than 10 usable acres in the desirable Meadows 3 subdivision, this unique property offers two Residences, cross-fenced pastures, mountain views, National Forest access just down the street, and is minutes from uptown Pagosa Springs. The main 2,754-square-foot cedar home is full of rustic character, featuring vaulted cedar ceilings, a rock masonry fireplace with a gas insert, and expansive views of the San Juans. The kitchen blends farmhouse charm with stainless steel appliances, custom backsplash, tin ceiling, and generous pantry. The primary suite is conveniently located on the main level, while the upper and lower levels each provide additional bedrooms, bathrooms, and flexible living spaces. Additional features include a sauna, jetted tub, office area, and a loft overlooking the main living space. The versatile barn provides another 2,925 finished square feet of living space and expands the possibilities with an inviting rustic gathering area, kitchenette, remodeled bathroom, laundry, wood stove, pool table, large dining table, and flex space above perfect for a rec room, game room, or whatever you can image. The barn also has large equipment and storage areas, three oversized bay doors, and patios and decks to enjoy the views. The barn offers exceptional flexibility and the potential for an additional income stream if desired. Designed with equestrian and rural living in mind, the property includes not only central water but also a permitted well and 5,000-gallon storage tank, two separate driveways, windmill, horseshoe pit, and abundant room for livestock, recreational vehicles, or future projects. Wildlife, including elk, are frequent visitors, and the close National Forest access provides convenient opportunities for horseback riding, hiking, biking, and exploring thousands of acres of public land. Both residences are being sold fully furnished, so they are ready for immediate use! Located approximately five minutes from grocery shopping, restaurants, medical services, and other uptown conveniences, about fifteen minutes from historic downtown Pagosa Springs, the San Juan River, and world-famous hot springs, and around a forty-minute drive to Wolf Creek Ski Area, this property offers the space, flexibility, and mountain lifestyle that make Pagosa Springs such a sought-after destination.