Conveniently located between Merced and the historic town of Mariposa sits a rare opportunity to own a 20 acre ranch estate in the heart of beautiful Cathey's Valley. This 2,300 +/- sq ft Custom home features a light filled open floor plan which includes 3 bds. 2.5 baths, a chef's kitchen with a Vintage Wolf range, a walk-in pantry and laundry room. Also included is a Great room with vaulted ceilings, fireplace, pine flooring and French doors looking out to breathtaking views, decking and a full wrap around covered porch. In addition, the property includes a detached two-car garage with a workshop, and above it an expansive loft complete with pine-beamed ceilings, a full kitchen, bathroom, Pellet stove, and its own outdoor deck. This property is designed for the rancher or horse enthusiast, with a separated facility that includes an outdoor riding area, huge barn with 3 stalls, tack room and a cozy living quarters ideal for caretaker or guests. This lovely ranch offers a unique combination of classic charm and horse amenities with an exceptional blend of privacy, beauty and recreation and just a short drive into Yosemite Valley! Living here is a dream come true. Also available is the adjacent beautiful 20 acre parcel APN# 016-170-0440 for and additional $300K.