Tremendous opportunity to own a one of a kind mountain property that is rich in history. This property boasts sophisticated upgrades coupled with original brick, beams, & outbuildings from the Black Swan Mill active in the early 1900s. Upon entering your eyes will be drawn to the hand-molded exposed brick in the kitchen that has been outfitted w/new appliances. Recently updated pantry & laundry space offers new washer/dryer. An abundance of natural light floods the dining area w/wood stove. Living room is cozy w/eye-catching rock fireplace. Upstairs, the loft area would make a perfect home office. Upstairs, the primary suite has been completely updated w/new bath & closets. Secondary bedroom is spacious & bright featuring tons of storage, new ensuite bath, & private patio. Walkout lower level is completely updated w/rock fireplace & new wood flooring. Multiple outdoor living spaces to savor the Colorado lifestyle including wraparound deck & flagstone patio. Natural spring water is right on the property & your water source. 1 bedroom cottage with heat would make excellent guest quarters. Meticulously maintained w/new windows, boiler, & siding. Unbeatable location: never- to-be developed open space across the street, convenient access to trails, Betasso Park, & 15 min drive to Pearl St on a priority-plowed street!