Perched above the historic Village of Rico on a charming aspen-covered hillside, this classic mountain retreat offers privacy, character, and endless potential. Just a short stroll from downtown yet tucked away from the main highway, the property enjoys a peaceful setting surrounded by nature, views, and mountain-town charm. Inside, the home is a true treasure trove of history, adorned with antiques, artifacts, and stories collected over generations. Rustic, cozy, and full of character, the residence features two wood-burning stoves and a gorgeous stone fireplace, three bedrooms, three bathrooms, multiple living areas and an open kitchen and dining space. (3rd bedroom is a large sleeping loft with 2 additional sleeping alcoves, home sleeps 10+) The spacious backyard and outdoor areas offer plenty of room for gardening, entertaining, relaxing, or simply soaking in the outdoor tranquility. This Sleeping Beauty is ready for its next chapter. While the home could benefit from some updates and restoration, it offers a rare opportunity to improve a one-of-a-kind Rico property and restore it to its former glory. Whether you're seeking a full time residence, mountain getaway, historic renovation project, or unique investment opportunity, this special property is rich with potential and waiting for its next chapter. Adding to its appeal is the option to purchase two additional lots via the neighboring parcel directly to the west, containing a garage structure which provides extra storage or covered parking, enhanced privacy, and the opportunity to develop a second home or ADU. Contact the listing brokers for more details and to set up a showing at this charming cabin in Rico.