Jeremiah Aukerman, eXp Realty, LLC, C: 970-769-2407, jeremiah.aukerman@exprealty.com, durangohomesales.com: **SELLER WILL CARRY WITH 25% DOWN & NO QUALIFICATION! NO CREDIT REPORTING. Welcome to the iconic Trout House, a luxurious Vallecito Lake front home located on the northern shore of Vallecito Reservoir. The only such property at the lake that boasts stunning "million dollar" lake views from one end to the other, while also having river frontage and lake frontage just feet away from the deck. This magnificent residence offers all you could want in a Colorado retreat, or full time residence or vacation rental. PRIOR INCOME AVERAGED NEARLY $1,000 PER NIGHT. While bordering the lake and public land, the property is also just a few hundred feet from Middle Mountain Road, offering access to the vast San Juan National Forest. Whether you'd like to fish, boat, hike, bike, ride ATV's, horseback ride, the great outdoors awaits your wildest dreams at the Trout House. The home features two kitchens, two laundry facilities, an elevator, three bedrooms that sleep six, and five bathrooms, along with an attached two-car garage. This property is ideal for short-term vacation rentals with part time use, or for someone who wants to call the Lake home! Inside, the house is adorned with unique accents, including custom cabinetry, a luxurious master bath suite, massive log beams in the main living room, a hand-hewn spiral staircase, and dual rock fireplaces on the main level. From any of the exterior multi-level wrap-around decks, the views are breathtaking. Entertaining and leaving your guests in awe here will be a breeze. The spacious heated garage gives plenty of room for toys that may be in your adventures. Vallecito Creek flows directly into the reservoir below, with West Mountain, Sheep Mountain, Middle Mountain, and Granite Peak providing an impressive backdrop. Right at the lake you'll be sure to appreciate the amenities like a full service marina with slip and boat rentals, guided fishing, 2 restaurants, a liquor store, general store and a coffee shop. Additionally, there is a 50' wide easement that goes with the property along CR 501 to the north, giving additional access to over 4 acres. This is an opportunity you won't want to miss. Come see it for yourself to truly appreciate the incredible beauty and opportunity that awaits. Contact agent today and set up a tour.