Affordable Colorado living just 30 minutes from Salida! This 1-bedroom + bonus room, 2-bath home offers a rare opportunity to own in Colorado at an accessible price point. Located in downtown Villa Grove, the property sits on a generous 1.39-acre lot. Recent updates include new flooring and paint throughout along with a remodeled bathroom. The home features a large living area, wood-burning stove, and an open, functional kitchen. The bonus room could easily serve as a second bedroom, office, or flex space. Outside, enjoy a huge covered patio, privacy-fenced yard, and carport, with ample room for gardens, greenhouses, workshops, equipment storage, parking, additional structures, and potential live/work uses. This is an ideal setup for someone needing both a residence and a large, usable lot for vehicles, storage, hobbies, or work-related needs. Set at the north end of the San Luis Valley, just 20+ miles from Poncha Springs and Salida, the property offers stunning views of the Sangre de Cristo Mountains and easy access to Joyful Journey Hot Springs, skiing, gold-medal fishing, hunting, hiking, camping, and more. A versatile property with room to grow—ideal as a primary residence, investment property, or live/work setup.