Rancho Milagro is a luxurious and meticulously cared for equestrian facility that includes beautiful living spaces attached to the fabulous arena and expansive horse facilities. It can be used as a private equestrian facilities or it could be used as a commercial training/boarding facility. Located just outside Durango, Colorado, with spectacular views of the La Plata Mountains, this exclusive, state-of-the-art facility has a 135' x 230' heated indoor riding arena, 4 attached living units (9,200 SF), central entertainment and viewing area, offices and expansive stable area. The amenities are extensive, including a central entertainment area that has high and dramatic ceilings with log accents, spacious open seating with gas Kiva fireplace, 2 flat-screen TVs, a fully equipped high-end kitchen with separate ice machine, dining and recreational spaces, all with amazing views of the La Plata Mountains on one side and the indoor arena on the other. The 4 separate living units have special framing so they have their own private entry, faux walls, vaulted ceilings with multiple picture windows looking out to La Plata Mountains plus, fully equipped state-of-the art kitchens with custom designed cabinetry and bar seating, and laundry rooms. There is one 3 bedroom, 3 bath, with full kitchen, laundry room, living and dining area with gas Kiva fireplace, and one 2 bedroom, 2 bath, full kitchen, laundry room, living and dining area. The deluxe Suite area has 2 separate living quarters with private entrances and living spaces with shared laundry room; each has 1 bedroom, 1 bath, kitchenette, laundry room, dining and living space. The sand in the arena is washed New Mexico masonry sand that has no rocks, no silt and very little dust for better horse and people enjoyment. It also boasts roping chute and cow pens for cutting, stable side rubber flooring, indoor and outdoor bay wash stalls, 30' x 30' tack room with large sliding door, large hay and feed storage area, demand-use water, 3 drains, medical office with refrigerator, desks and storage space for supplies, 12' x 24' foaling stall is within full view from medical office, 8-12'x12' stalls have rubber flooring, individual cold water supply lines to automatic Nelson waterers and individual outside 12' x 40' pens, bathroom and audio/video capabilities. All of the outside pens have large access gates to adjacent pens for easy transfer of horses, tractor access, cleaning, etc.; two of the pens have direct access to the adjacent pasture. Ample parking allows for trucks, trailers and vehicles with easy access around the building. There is also a commercial water well. There is an additional purchasing option with an additional 234.10 acres with a beautiful custom designed adobe style 3,887 SF, 4 bedroom, 4-bath main residence, outdoor arena, 2,738 SF horse barn, hot-walker, loafing sheds, multiple fenced irrigated pastures and separate 1,864 SF caretakers house. Offered at $4,499,000. See MLS# 755417 for details.