This is a diamond that needs a little shinning for a possibility of upside equity. This beautiful 5,054-sq.-ft home on 1.56 acres is located in the prestigious Ranch Community. This home offers breathtaking views of the mountain peaks to the north and the eastern range, backing up to The Ranch Community 157 acres of private open space and 2 miles of walking trails. Talk about location! Walmart, City Market, coffee shops, brewery, restaurants, Pagosa Springs Medical Center, and Pagosa Lakes Recreation Center are only moments away. The home offers four bedrooms, four baths, a powder room, an office, an oversized 2-car garage, and a second 942-sq.-ft. garage/shop with 220v. The home's layout is set up on two levels with two primary suites, an office, a large family room/game room, a bath with jetted tub, a powder room, a laundry room, and a kitchen/dining room on the main level opening out to a covered deck. The walkout lower level has a large family room, a fully equipped kitchen, two bedrooms, and a bath with a custom cove shower and dual shower heads. The home has a wood-burning fireplace with a gas starter, a brand new high-efficiency natural gas boiler that provides in-floor radiant heat, public water, sewer, and county paved road with winter snow removal. NOTE: Main level kitchen has been completely removed, and the home is in the beginning stage of remodeling. All the necessary cabinets are on-site (30k worth of knotty alder custom cabinets) to replace the kitchen and update all the other cabinets. The seller has available floor plans for a great interior remodel that was to take place. The options are endless!