Welcome to one of Melrose’s most desirable acreage settings, where 7.8 acres, exceptional water, mountain views, and versatile living space come together in a truly unique property. This property offers the space and setting many horse enthusiasts dream of, with beautiful open, mostly level pastures and plenty of room for horses, livestock, gardening, or simply enjoying the wide-open surroundings. Farm Forest zoning adds versatility for those looking to create a mini-farm or homestead. The approximately 1,900 sq ft home features two main-level bedrooms and an updated upper-level layout that combines the former two bathrooms into one spacious bath with a large walk-in shower and clawfoot tub. An upstairs laundry room adds everyday convenience. The 616 sq ft daylight basement offers a separate entrance, full bath, and laundry room, creating excellent potential for guest quarters, extended living, multigenerational use, or a private separate living area. A 560 sq ft unfinished basement space, not included in the home’s 1,900 sq ft, provides excellent storage and space for supplies, hobbies, or other uses. Outside, the property really shines. A brand-new well produces an impressive 60 GPM, supplying the home and filling an approximate 6,000-gallon holding tank used for yard irrigation. A new high-end water filtration system adds to the exceptional water infrastructure. The substantial shop features a heavy-duty engine hoist system supported by steel I-beams, ideal for automotive, mechanical, or equipment use. Additional amenities include covered RV parking and a spacious three-bay garage-style structure with open bays. With beautiful wooded and mountain views, usable acreage, abundant water, and room for animals, equipment, recreation, and gardening, this is a rare opportunity to own a versatile Melrose property with the infrastructure to support a true country lifestyle while still being close to town.