Conveniently located between Merced and the historic town of Mariposa sits a rare opportunity to own a twenty-acre ranch estate in the heart of beautiful Cathey's Valley. This two thousand three hundred +/- square feet custom home features a light filled open floor plan which includes three bedrooms, two and a half bathrooms, a chef's kitchen with 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, fireplace, 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 three stalls, tack room and 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. Living here is a dream come true. Also available is the adjacent beautiful twenty-acre parcel APN# 016-170-0440 for an additional $300K.