Welcome to The Little Gray House in the West, a historic Colorado ranch estate where timeless Western character meets modern comfort. Nestled on 88± acres in Powderhorn along State Highway 149 between Gunnison and Lake City, this legacy property offers a rare blend of country living, recreation, and craftsmanship rooted in more than a century of Colorado history. Originally built in 1919, the main log home was fully restored in 2006, thoughtfully updated to accommodate today's lifestyle while preserving the charm and craftsmanship of its homestead roots. The 1,244-square-foot residence features 2 bedrooms, 1 bathroom, and a warm, inviting atmosphere that feels like stepping back into Colorado's ranching heritage. Rare clear Douglas Fir tongue-and-groove flooring runs throughout the main level, complemented by original Douglas Fir planking upstairs and preserved original interior doors and hardware. A custom rock fireplace with a Quadra-Fire insert anchors the living space, while the kitchen is well-appointed with double ovens and a five-burner cooktop. Extensive infrastructure updates include a new foundation, new septic system, new electrical and plumbing systems, and 400-amp off-peak electrical service paired with an off-peak furnace and 3,400 pounds of firebrick thermal storage. Eagle windows with Larson Gold Series storm windows, Low-E glass, solid cedar window bucks and jambs, and Hunter Douglas triple honeycomb window coverings showcase the home's exceptional quality. The home's desirable south-facing orientation fills the interior with abundant natural light throughout the day, while under-counter lighting, a paved driveway, and a productive solar greenhouse complete the setting. A fully renovated 438-square-foot guest cabin provides comfortable accommodations for family, guests, a ranch manager, or potential rental income. Featuring 1 bedroom, 1 bathroom, a full kitchen, cedar-wrapped beams, tile and carpet flooring, electric baseboard heat, 100-amp electrical service, phone and cable wiring, and a lifetime high-efficiency 60-gallon Marathon water heater, the cabin has also been updated with new electrical, plumbing, foundation, windows, storm windows, and Hunter Douglas blinds. Notably, the property is approved to host up to 26 guests per night as a working guest ranch, opening the door to residential, recreational, or commercial opportunities. The land itself is as functional as it is beautiful. Approximately two miles of perimeter fencing secure the property, creating
Listed By
Agency Name: Bluebird Real Estate, LLC
Agency Phone: 970-641-6691
Shown By
Agent Name: Wendy Harrison
Agent Phone: (970) 618-4554
Agency Title: Key Realty
Estimated Payment
$ 7,945.35 per month $7,551.52 Principal & Interest $0.08 Property Tax $393.75 Homeowner's Insurance
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16431 State Highway 149 | MLS# 837708
This single family home located at 16431 State Highway 149, Powderhorn, CO 81243 is currently listed for sale with an asking price of $1,350,000. This property was built in 1919 and has 2 bedrooms with 1244 sq. ft. Search Powderhorn real estate on wendyharrison.ikeyrealty.com today.