Bordered by forest in a quiet south-facing valley just half a mile above downtown Nederland, this rare 4.36-acre flat parcel offers usable land, privacy, mountain views, and true proximity. The property holds 3 separate buildable lots - exceptional upside near town limits. No true comparables. An old-growth ponderosa anchors the sunlit meadow. Tucked off historic Caribou Road sits a warm mountain home, updated with care yet ready for its next chapter - ideal as is or a developer's dream. Recent improvements include a renovated kitchen, updated bath, new metal roof with snow dams, 2022 Navien boiler, master-electrician wiring, new solid wood doors and hardware, refinished oak floors in natural eco oil, new radon mitigation system, and a no-freeze spigot. The open main level features a skylight, forest views, and a freestanding hearthstone wood stove. Flexible 2-3 bedroom, 2-bath layout includes an office/studio and a black Porcelanosa black tiled entry. Below, a Saltillo-tiled walkout with private entrance, bedroom, and living space opens to a passive-solar greenhouse that grows food at 8,000 feet. Flat fenced pastures with Aspen groves, a northern creek, and a spring vernal pool complete the setting. A 250-ft well (permitted to irrigate one acre) and a 40x100 concrete-floor shop stand ready for barn, studio, workshop, or more. Three lots already carry building determinations for single-family home, well, and septic; a fourth is restorable with county confirmation. An upper and lower drive provides dual and easy access. Minutes to Ned's coffee, brewery, Carousel of Happiness, and Barker Reservoir. Ten minutes to Eldora, thirty to Boulder, and ninety to DIA. Rare properties like this move quickly. Bring your vision.