Residential · Under Contract

About This Property

SELLER IS OFFERING A $100,000 UPGRADE ALLOWANCE to be used toward buyer-selected improvements on this beautiful historic Pine Run Ranch of Black Forest is situated on a rare 60-acre, park-like property with lush meadows, towering ponderosa pines and a large spring-fed pond and draw creating an incredible wildlife habitat. The property features six homes plus a professional equestrian facility with two barns, including a 3,328 SF barn with 15 indoor stalls, expansive indoor steel arena, 1,649 SF workshop/tack building and 8 loafing sheds. Substantial existing income stream with 5 homes leased to long-term tenants, one operating as a successful vacation rental, plus leased boarding/training facilities. Additional income potential includes the possibility of adding a wedding venue.

The six homes offer a combined 16 beds and 10 baths. Fully fenced acreage includes multiple paddocks and pastures. Two charming turn-of-the-century farmhouses feature beautiful architecture, wainscoting, crown molding and pastoral settings. The successful vacation rental, known as The Lodge, features exposed timber-beam vaulted ceilings, cedar walls, granite counters, updated kitchen and bath, open entertaining spaces and abundant natural light from clerestory windows.

Extensive updates include newer electrical, plumbing, paint, fencing, furnaces, water heaters, fiber optic internet, septic, roofs, appliances, fixtures and well pumps. Five homes and the barn have separate electric meters. Phenomenal close-in Black Forest location with convenient access to amenities. A rare opportunity to own substantial acreage with built-in income and tremendous future potential!

Property Details

Location

Based on information submitted to the MLS GRID as of November 12, 2026 at 4:27 PM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated October 14, 2026 at 1:07 PM.