$3,800,000
4190 E Dragoon Road
Dragoon, AZ 85609
MLS# 22616130
17170 sqft

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4190 E Dragoon Road, Dragoon, AZ 85609
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Property Description
Step into the legacy of the American West at the historic Triangle T Guest Ranch, a rare 160-acre retreat nestled among dramatic boulder formations and ancient oak trees in scenic Texas Canyon. One of Southern Arizona's oldest guest ranches with 11 casitas, 15 full RV spaces, the most amazing and famous Rock Saloon, a restaurant with full commercial kitchen, pool, great horse facilities and an owner's residence. This storied property offers a unique blend of natural beauty, rich history, and established hospitality infrastructure. Set at a comfortable 4,800 ft elevation with a mild year-round climate-approximately 10 degrees cooler than nearby Tucson-the ranch has long attracted outdoor enthusiasts, artists, and travelers seeking an authentic Western experience. Surrounded by the striking

Details
Documents
Address Information
Street #: 4190
Direction: E
Street Name: Dragoon
Suffix: Road
State/Province: AZ
Zip Code: 85609
County: Cochise
Country: USA
Location Tax Legal
Tax Code: 20858002N
Area: Cochise
Subdivision: N/A
Contract Information
Current Price: $3,800,000
List Price: $3,800,000
Listing Date: 2026-06-29
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 160.01
Lot Sqft: 6970035.6
Lot Size Source: Assessor
Combined SqFt: 17170
Year Built: 1919
Total Parking: 500
School District: Benson
Elementary School: Benson
Middle School: Benson
High School: Benson
Horse Property: Yes - By Zoning
Horse Facilities: Yes
List Price/SqFt: 221.32
Lot Size Price/SqFt: 0.55
Remarks Misc
Geo Lat: 32.04483
Geo Lon: -110.086357
Showing Information
Directions: From I-10 east of Benson or west of Willcox to Exit 318 Dragoon. Head south on Dragoon Road. APPOINTMENTS MANDATORY! DO NOT DISTURB OCCUPANTS ON SITE. DO NOT ENTER PROPERTY WITHOUT A REQUIRED APPOINTMENT.
Unit Info
# of Units/1 BR: 4
# of Units/2 BR: 4
# of Units/3 BR: 2
Unit 1 Information
# Beds: 1
# Full Baths: 1
SqFt: 600
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Turnkey
Parking: On Property
Unit 2 Information
# Beds: 2
# Full Baths: 1
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Turnkey
Parking: On Property
Analysis
Cap Rate %: 34.68
Gross Rent Multi: 2.68
Exp/SqFt: 5.77
Exp % of Gross: 7
Income
Gross Scheduled Rent: 1289160
Other Income: 127665
Adjusted Gross: 1416825
Total Expenses: 99123
Net Opp Income: 1317702
Expenses
Capital Expenses: 12468
Gas/Electric: 28532
Insurance: 3422
Resident Manager: 34242
Taxes/Assessments: 11549
Water/Sewer: 3019
Other Expenses: 5891
Figures Presented: Actual
Construction
Siding: Yes
Kitchen Features
Pantry: Walk-In
Interior Features
Interior Steps: Yes
Electric
Electric Company: SSVEC; Solar
Water
Other: Water Delivery
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: Yes 15 spaces
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Submit With Offer
Digital Signatures: Yes
Seller Title Company: Fidelity National
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Ranch; Southwestern; Territorial
Roof: Built-Up; Metal
Living Areas: Family Room; Living Room
Dining Areas: Dining in LR/GR; Eat-In Kitchen; Formal Dining Room
Dining Room: Area
Breakfast: Area; Eat-In
Kitchen Features: Breakfast Nook; Double Sink; Gas Range; Prep Sink; Dishwasher; Freezer; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower Only/Primary; Shower Only/Hall
Laundry: Laundry Room; Sink; Dryer Included; Washer Included
Extra Room: Bonus Room; Storage; Workshop; Den; Office
Interior Features: Furnished; Smoke Detector; Storage
Floor Covering: Ceramic Tile; Concrete; Vinyl; Wood
Window Covering: Stay
Technology: High Speed Internet; Satellite Dish; Telephone
Main Cooling: Ceiling Fan(s); Central Air; Evaporative Cooling; Wall Unit(s)
Main Heating: Baseboard; Electric
Water Heater: Electric
Gas: Natural; Propane
Sewer: Connected; Septic
Water: Pvt Well (Registered)
Accessibility Option: Entry; Handicap Convertible; Level; Wide Doorways; Wide Hallways
Security: Closed Circuit Camera(s); Security Lights
Pool: Community
Spa: None
Fence: Barbed Wire; Rock; Split Rail
Landscape - Front: Desert Plantings; Graded; Low Care; Natural Desert; Shrubs; Trees
Landscape - Rear: Desert Plantings; Graded; Low Care; Natural Desert; Shrubs; Trees
View: Panoramic; Rural; Sunrise; Mountain(s); Sunset
Road Type: Dirt; Gravel; Paved
Road Maintenance: Owner Maintenance
Driveway: Circular
Exterior Feature: Barbecue; Courtyard; Outdoor Kitchen; Shed(s); Workshop
Lot Features: Cul-De-Sac; Dividable Lot; North/South Exposure
Neighborhood Features: Historic; Horse Facilities; Horses Allowed; Walking Trail
Assoc Amenities: Maintenance
Terms: Cash; Conventional; Pre-approved Short Sale
Submit With Offer: Lender Pre-Approval; On-Site Wastewater; Proof of Funds
Property Disclosures: County Parcel Info; Lead Based Paint; Seller Prop Disclosure
Special Conditions: Property Sold As-Is
Supplements
landscapes of the Little Dragoon and Dragoon Mountains and within easy reach of the Chiricahua Mountains, Cochise Stronghold, and Kartchner Caverns, the location is ideal for hiking, horseback riding, birdwatching, and exploration. Steeped in cultural and historical significance, the property neighbors the Amerind Foundation and includes ties to Native American heritage, with petroglyphs and sacred ceremonial sites among the rock formations. The ranch also holds a fascinating place in American history, with documented use during WWII, notable guests, and a long-standing presence in film and television production. Designed for both lifestyle and income-generating opportunity, the ranch supports a wide range of established and repeat uses. It has hosted weddings, reunions, and retreats of all kinds-including wellness, corporate, religious, and rehabilitation programs-along with long-running annual events, festivals, and competitions. The property is a recognized destination for motorcycle groups, RV clubs, equestrian clinics, and outdoor sporting events, and has accommodated corporate clients, extended-stay guests, and large group functions. Significant value-add opportunity exists through modernization of marketing and digital presence. The ranch has historically operated with minimal online footprint and limited social media engagement, relying primarily on word-of-mouth and repeat clientele. A new owner can capitalize on existing demand by implementing updated website functionality, digital booking systems, and targeted marketing campaigns to increase visibility, occupancy, and revenue. With infrastructure suited for gatherings both large and small, the ranch regularly welcomes nonprofit fundraisers, youth and community organizations, artist and photography groups, and specialty interest clubs. Its location along a seasonal bird migration path, dark-sky conditions for stargazing, and expansive terrain further enhance its appeal for nature-based programming and experiential tourism. Equestrian facilities include a regulation-size arena, riding trails, and obstacle course, with the rare advantage of allowing guests to bring and camp with their own horses. Additional features include dry camping areas, employee RV accommodations, and flexible event spaces-supporting everything from multi-day clinics to music festivals and private celebrations with live entertainment. Whether envisioned as a boutique resort, event destination, retreat center, or private legacy property, the Triangle T Guest Ranch offers unmatched character, proven versatility, and exceptional potential in one of Arizona's most iconic landscapes. 3 Tax Parcels: 208-58-002N, 208-58-002P, 208-58-002L.

Listing Office: First United Realty, Inc

Last Updated: June - 29 - 2026

4190 E Dragoon Road, Dragoon, AZ 85609 - MLS# 22616130

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