The Little Grey House of the West is a historic homestead on approximately 88A± acres in the heart of Powderhorn, Colorado, blending Western heritage with modern amenities. Dating back to 1919 and meticulously renovated in 2006, the main residence is a 3-bedroom, 1-bath log home of approximately 1,244A± square feet featuring Douglas Fir tongue-and-groove flooring, original doors and hardware, solid cedar window bucks, and a custom rock fireplace with Quadra-Fire insert. Upgrades include 400-amp off-peak electric service with a dedicated electronics panel, off-peak furnace with 3,400A± pounds of firebrick thermal storage, new electric, plumbing, septic, and foundation, as well as Eagle windows with Low-E glass and Larson Gold Series storm protection. Additional details such as Hunter Douglas window coverings, double ovens, a 5-burner cooktop, under-counter lighting, and a productive solar greenhouse complete the home, which sits on a paved driveway with an inviting stone hearth at its center. A separate fully renovated 1-bedroom, 1-bath 438A± sqft guest cabin offers a full kitchen, tiled bathroom, new systems, Hunter Douglas blinds, electric baseboard heat, a high-efficiency 60-gallon water heater, and quality finishes including cedar-wrapped beams. Ranch infrastructure supports approved Guest Ranch use for up to 26 people per night, with a 30 GPM commercial well and 30 acre-feet of water rights, a year-round 15 GPM spring, a domestic well, a constant-pressure well pump, and multiple pond sites. Outbuildings include a large log barn, a log 2-car garage with insulated doors and automatic openers, and multiple historic log structures. Approximately 2 miles of perimeter fencing with granted access to 75A± additional fenced BLM acres make this property well-suited for livestock, recreation, or development, along with features like a rough landing strip, hay meadow, timber stands, and sweeping views. Located minutes from fishing on Cebolla Creek, Lake Fork of the Gunnison, and Blue Mesa Reservoir, and surrounded by prime elk, mule deer, moose, and bear habitat, the ranch provides year-round recreational opportunities including snowmobiling, cross-country skiing, ice fishing, or quick access to Crested Butte for downhill skiing, making it ideal as a primary residence, seasonal retreat, or hunting base.
For sale
$1,349,000
16431 State Highway 149, Powderhorn, CO 81243
3beds
1,244sqft
Est.:
Single Family Residence
Built in 1919
88 Acres Lot
$-- Zestimate®
$1,084/sqft
$-- HOA
What's special
Log homeGuest cabinQuality finishesSweeping viewsStone hearthElectric baseboard heatPaved driveway
- 90 days |
- 168 |
- 8 |
Zillow last checked: 8 hours ago
Listed by:
Jerad Cotten,
M4 Ranch Group 970-944-4444
Source: REALSTACK,MLS#: 85111
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other, Electric
Cooling
- Other
Features
- Flooring: Other
- Basement: Yes
Interior area
- Total structure area: 1,244
- Total interior livable area: 1,244 sqft
Property
Lot
- Size: 88 Acres
Details
- Parcel number: 40530000012902
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Metal
Condition
- Year built: 1919
Community & HOA
Location
- Region: Powderhorn
Financial & listing details
- Price per square foot: $1,084/sqft
- Tax assessed value: $232,940
- Date on market: 9/11/2025
- Lease term: Contact For Details
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,382/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Listed for sale | $1,349,000-9.8%$1,084/sqft |
Source: REALSTACK #85111 Report a problem | ||
| 8/22/2024 | Listing removed | -- |
Source: | ||
| 7/11/2024 | Listed for sale | $1,495,000$1,202/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | -- | $19,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,504/mo
Principal & interest
$6717
Home insurance
$472
Property taxes
$315
Climate risks
Neighborhood: 81243
Nearby schools
GreatSchools rating
- 8/10Gunnison Elementary SchoolGrades: PK-5Distance: 21.6 mi
- 6/10Gunnison Middle SchoolGrades: 6-8Distance: 21.6 mi
- 4/10Gunnison High SchoolGrades: 9-12Distance: 21.3 mi
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