420 Acres in Chromo, CO - $15,500,000

Rough Diamond Ranch encompasses 420 acres in the Navajo River Valley south of Pagosa Springs, Colorado. Featuring senior water rights, private Navajo River fishing, stocked trout ponds, substantial improvements, and expansive mountain views, the ranch offers many of the qualities sought in a Colorado mountain property. Designed for immediate use, the ranch provides year-round access, comfortable residential accommodations, and infrastructure already established throughout the property.

The landscape showcases views of Banded Peaks, Navajo Peak, the southern San Juan Mountains, and the Continental Divide. Timbered hillsides transition into open meadows and irrigated pastures, creating a balanced mix of privacy, grazing opportunities, wildlife habitat, and productive ranch ground. Aspen, ponderosa pine, and oak add character and cover, while the ranch's location just over a mile from San Juan National Forest expands recreational opportunities beyond the property's boundaries.

Water is a defining feature of the ranch. Senior water rights from multiple ditches support productive meadows and help maintain four newly constructed ponds stocked with rainbow trout. A recently installed 10-inch water line distributes water throughout the ranch for livestock, irrigation, and future needs. The property also includes private access to approximately one mile of the Navajo River, providing an exceptional live-water component rarely found on properties of this size.

The main residence offers 4,216 square feet with five bedrooms and 4.5 bathrooms. Fully renovated in 2023, the home features open-beam construction, white oak flooring, barnwood siding, a fireplace, and a covered deck positioned to capture views of the lake and surrounding mountains. An additional 864-square-foot guest home provides comfortable accommodations for guests, extended family, caretakers, or ranch staff. Improvements also include substantial garage space, two Navien boilers, grid-tied solar power, underground utilities, a security system, underground sprinklers, and a hot tub. The property is also reported to be offered furnished, enhancing its turnkey appeal.

Infrastructure across the ranch has been enhanced with an upgraded road and trail system that provides access to the ponds, meadows, timber, and higher elevations. A 50-by-120-foot barn offers significant capacity for equipment, livestock, hay storage, and recreational gear. Additional improvements include an automatic entry gate, perimeter fencing, landscaped grounds, irrigated pasture, and water rights that support both the ponds and the ranch's broader agricultural operations.

Located in Colorado Game Management Unit 78, the ranch supports elk, mule deer, turkey, blue grouse, and a variety of other wildlife species. The property qualifies for the Landowner Preference Program, including reported landowner deer tag potential. Its hunting profile is strengthened by abundant forage, reliable water sources, quality cover, and surrounding mountain habitat. The area has historically produced 280- to 340-class bulls and 170- to 200-inch mule deer, along with opportunities for bear, bobcat, and mountain lion hunting.

Rough Diamond Ranch is well suited for buyers seeking a Colorado mountain property with productive water resources, private fishing, quality hunting, and substantial residential and ranch improvements already in place. The ranch can be enjoyed immediately while offering long-term flexibility as a recreational retreat, family legacy property, livestock operation, or mountain investment.