Situated in the heart of Portal at an elevation of nearly 5,000 feet and within walking distance of Portal amenities, this 28-acre hilltop property offers stunning mountain views and features a 1,948-square-foot adobe brick home with a natural stone pool, 4 individual parcels (3 with utilities), and a newer above standard well with a depth of approx. 600 feet that can be shared with the surrounding parcels. The underground utilities have an estimated investment value of roughly $300,000 in today's market. National forest land borders the property, and the seasonal creek is accessible by foot. Adding the property's charm is its historic significance - situated on a historic horse pass where Theodore Kraft of Kraft Foods and his wife Myrtle built their getaway. Cave Creek Canyon, affectionately known as Arizona's Little Yosemite, is just down the road. While the home does need some work, it offers a comfortable existing floor plan and potential for your creative ideas. Features include a master bedroom with a walk-in shower and a private entrance accessed from the back yard, ample glass doors and windows, an open living / dining room with fireplace, and tile flooring throughout. Previous plans were in place for a new master bathroom that opened to a backyard spa area. Don't miss this unique opportunity to manifest your dreams into reality!