This is an exceptional opportunity to own over 70 acres LESS THAN 5 MILES from the slopes of the Steamboat Ski Resort, downtown Steamboat, and within a stone's throw of the Chuck Lewis State Wildlife Area. Paniolo Ranch is the embodiment of the western ideal: wide open spaces, majestic views, adventures on horseback, and casting flies for trophy trout. Revel in uninterrupted views of the ski area, South Valley, and Yampa River. Walk to the Chuck Lewis Wildlife Area for access to fishing, paddle boarding, and more. Enjoy watching the wildlife that call the region home including birds of prey, sand hill cranes, deer and elk. There is no better way to enjoy Colorado than on horseback, and Paniolo Ranch includes a fully equipped post & beam barn with stalls, wash rack & tack room. Water rights allow irrigation of your fields producing coveted mountain grass hay. The custom designed main residence of 4,200 sf comes with 4 ensuite bedrooms, high ceilings throughout, and is luxuriously appointed with 3 ovens & 2 dishwashers. Designed to maximize the 360 degrees views of the surrounding valley and mountains from every room, this unique home also includes multiple outdoor spaces including a porch/portico and 3 covered patios that capture both spectacular views of the alpenglow, and the verdant, green South Valley. The water of Chuck Lewis Wildlife Area is framed by a picture window in the dining area. A fully finished 2-bedroom, 768 sf caretaker apartment with granite counters above the barn makes property management easy when away from home. An extra 276 sf office in the barn provides a sizeable room with many possible uses. Additional features include an automatic whole house backup generator, ag status with low property taxes, and no HOAs for the freedom to create your own vision and uses for the property. The home and barn sit on it's own 35+ acre parcel and the adjoining 36+ acre parcel is buildable for a great investment or expansive ranch estate.