08/05/2026
✨ New Listing! ✨
16431 State Highway 149, Powderhorn
Welcome to The Little Gray House in the West, a historic Colorado ranch estate nestled on 88± acres along State Highway 149 between Gunnison and Lake City. Originally built in 1919 and fully restored in 2006, the main log home features 2 bedrooms, 1 bath, rare clear Douglas Fir flooring, a custom rock fireplace, and extensive infrastructure updates throughout. A fully renovated 1 bedroom guest cabin adds flexibility for family, guests, or rental income, and the property is approved to host up to 26 guests per night as a working guest ranch.
The land includes a productive hay meadow, lush pasture, rock outcroppings, heavy timber, and access to an additional 75± acres of BLM land with thousands of acres of public land beyond. Water rights include a 30 GPM commercial well, a year round spring, and a domestic well. A log barn, log two car garage, and multiple historic outbuildings round out the property.
Located in Game Management Unit 66 with world class elk and mule deer hunting, and just minutes from Cebolla Creek, the Lake Fork of the Gunnison, and Blue Mesa Reservoir. This is the kind of Colorado ranch that families cherish for generations.
Offered For: $1,350,000
Contact The Brian Cooper Team today to learn more about this property. Let's turn your real estate dreams into reality!