This premier income-producing property sits nestled amongst mixed conifer and
Gambles oak along the northern shore of Vallecito Reservoir. Originally an Orvis-endorsed resort lodge
and cabins and a portion of the infamous Wits End Ranch, this family-owned and operated creekside
sanctuary offers a multitude of possibilities for a new owner.

Property Highlights: Main Lodge and 5 cabins on approximately 3.5 acres in 2 tracts of land.
The +/- 3000 sq. ft. log-sided lodge has recently gone under approximately $500,000 in renovations.

The lodge offers a newly upgraded kitchen, spacious dining area, and a great room with newly installed
tongue and groove ceilings and walls and a custom stone fireplace for entertaining. The lodge has 5
bedrooms and 6 bathrooms, all newly remodeled with luxury finishings.

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The cabins include (2) duplexes, each with 1 bedroom and 1 bathroom; (2) spacious 2 bedroom/1
bathroom cabins; and (1) large 3 bedroom/2 bathroom cabin. Each unit comes fully furnished and has
been equipped with fireplaces. There is additional space to expand with one or more units with a
foundation and utilities already in place. There is also additional land available for the development of RV
sites. The cabins have been rented on both a short-term and monthly basis and have a gross cap rate of
9%. Inquire with the listing agent for full pro forma.

The pond on the property is stocked with trout annually, bringing added value to guests and potentially
an additional source of income. The entire property is serviced by a decreed water system – Silver
Streams Well # 1. Case # W1639, which also services the surrounding 10 cabins, for additional income.
Area Highlights: Vallecito Reservoir, the “Lake of the Little Valley”, sits at 8000 ft. with 12 miles of
shoreline and is stocked with trout, kokanee salmon, and pike. The lake lies 18 miles northeast of
Durango is surrounded by over 2.5 million acres of public lands. The unincorporated community holds
around 1000 homes, most of which have year-round access. Vallecito boasts a variety of summer and
winter recreation including boating, fishing, biking, hiking, horseback riding, ATV rentals, snow-shoeing,
cross-country skiing, snowmobiling, dog-sledding, and snow-biking.

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Vallecito is located in Game Management Unit 751, 463 square miles of mixed terrain, with elevation,
ranging from about 6,500 to over 12,000 ft., and comprised of 28% public and 72% private land, including
portions of the Weminuche Wilderness. The Weminuche is the largest wilderness area in Colorado,
spanning the Continental Divide and protecting the headwaters of the Rio Grande and San Juan Rivers.
With three 14,000’ peaks and numerous 13,000’ peaks, it is one of the most rugged and remote areas
for hunting in the San Juan Mountain Range. 2021 Harvest stats show a total of 1,151 hunters with 221
elk harvested in GMU 751.

This destination resort is located approximately 25 miles from Downtown Durango, home of the Historic
Durango and Silverton Narrow Gauge Railroad and Purgatory Ski Resort. The secluded feel of this
mountain hideaway is easily balanced with a quick and scenic trip to the lively community below.