No Covenants & No HOA. Located in the fast growing Town of Poncha Springs, this property is located in the old part of town with a conservation easement right behind it. Build your dream home among the mature cottonwoods with views of the Sangre de Cristo Mountains. These two lots allow for the building of a duplex or build 2 homes. Bring your plans to the Arkansas River Valley. Escape to the outdoors into our plentiful public lands where you can hike, mountain bike or fish the famous Arkansas River. Enjoy skiing in winter? Monarch Ski Resort is just 20 minutes away.