Rough Diamond Ranch

Rough Diamond Ranch: Renovated Homes, Trout Ponds, and GMU 78 Hunting

Rough Diamond Ranch offers 420± acres in the Navajo River Valley south of Pagosa Springs, Colorado. With senior water rights, private Navajo River fishing, stocked trout ponds, substantial improvements, and broad mountain views, the ranch brings together the core features buyers look for in a Colorado mountain holding. The property is set up for immediate use, with year-round access, a finished residential component, and infrastructure already in place across the ranch.

Key Features:
•Residence: 4,216± square foot main home with 5 bedrooms and 4.5 bathrooms, fully renovated in 2023.
•Guest Improvements: 864± square foot guest home and 1,200± square foot garage.
•Barn: 50 x 120 barn for equipment, hay, livestock, or recreational storage.
•Fishing: Private access to approximately 1 mile of Navajo River fishing.
•Ponds: Four newly constructed ponds stocked with rainbow trout.
•Water Rights: Senior water rights from multiple ditches support the ranch’s ponds and productive meadows.

The property looks toward Banded Peaks, Navajo Peak, the southern San Juan Mountains, and the Continental Divide. Timbered hillsides give way to open meadows and irrigated ground, creating a balanced mix of privacy, grazing country, wildlife cover, and usable ranch land. Stands of aspen, ponderosa, and oak add both cover and character, while the ranch’s location just over a mile from San Juan National Forest expands the broader recreational reach beyond the deeded acreage.

Water is central to the ranch. Senior rights from multiple ditches support productive meadows and help keep the four newly constructed ponds full. Stocked with rainbow trout, the ponds add an immediate fishing component near the main improvements. A recently installed 10-inch water line distributes water across the ranch for livestock, irrigation, and future use. The property also includes private access to approximately one mile of Navajo River fishing, which gives the ranch a stronger live-water profile than most properties of this size.

The main residence contains 4,216± square feet with five bedrooms and 4.5 bathrooms. Fully renovated in 2023, it features open beam construction, white oak flooring, barnwood siding, a fireplace, and a covered deck positioned to take in some of the ranch’s best views over the lake and surrounding mountains. An 864± square foot guest home adds comfortable space for guests, extended family, caretakers, or ranch staff, and the improvements also include a substantial garage component. The homes are further supported by two Navien boilers, solar power tied to the grid, underground power, a security system, underground sprinklers, and a hot tub, all of which add to the ranch’s livability and day-to-day function. The property is also reported to be offered furnished, which strengthens the turnkey aspect of the offering.

Infrastructure throughout the ranch has been improved with an upgraded road and trail system that provides easy access to the ponds, meadows, timber, and higher elevations. A 50 x 120 barn offers substantial room for equipment, livestock, hay, storage, or recreational gear. Additional improvements include an automatic gate, perimeter fencing, landscaped grounds, irrigated pasture, and water rights that support both the ponds and the ranch’s broader agricultural use.

Located in Colorado Game Management Unit 78, Rough Diamond Ranch supports elk, mule deer, turkey, blue grouse, and other wildlife. The ranch qualifies for the Landowner Preference Program, including reported landowner deer tag potential, and the broader hunting profile is strengthened by strong forage, water, cover, and surrounding mountain habitat. The attached materials also reference 280- to 340-class bulls, 170- to 200-inch mule deer, and additional species including bear, bobcat, and mountain lion, all of which reinforce the ranch’s wildlife value.
Rough Diamond Ranch is well suited for a buyer looking for a Colorado mountain property with productive water, private fishing, hunting, and substantial residential and ranch improvements already in place. It is a property that can be enjoyed immediately while still supporting long-term flexibility as a recreational retreat, family property, livestock operation, or mountain holding.