Exceptional 35.1-acre multi-family compound and income-generating asset featuring multiple versatile residences, expansive gathering spaces, and panoramic mountain views. Ideally located just 11 miles from Penitente Canyon—a premier regional playground renowned for world-class climbing, biking, hiking, and horseback riding—this property offers an unmatched opportunity for hospitality, retreat, or investment under the valley's famous dark skies. Divided into three parcels available separately or combined: Parcel 1 (26.61 Acres) includes a 5,214 sq. ft. log-style lodge with 6 guest rooms, two attached rental apartments (one 2-bed/1-bath, one 1-bed/1-bath), a separate 3-bed/1-bath cedar cabin, a 5-space RV park with full hookups, and a dedicated RV bathhouse shell ready to finish. Parcel 2 (3.8 Acres) features a 70x120 barndominium complete with a full gymnasium, a commercial kitchen with prep/dining/event space, and a partially remodeled 3-bed/2-bath upper-level apartment. Parcel 3 (4.68 Acres) offers an independent 3-bed/2-bath residence. Stabilized with active leases in place across the attached and detached rental units, this turnkey investment delivers immediate cash flow and significant upside to expand operations.