A beautifully appointed Highlands retreat in the established Cold Springs community, ideally located just minutes from downtown Highlands. Offered furnished with minor exceptions, this property is truly move-in ready and crafted for effortless mountain living. The open floor plan with soaring ceilings has excellent flow between the kitchen, dining, and living areas. This creates an inviting space for entertaining family and friends. The well-appointed kitchen features granite countertops, a painted Kohler farmhouse sink, and Thermador gas range, while a substantial stone fireplace anchors the main living area and adds ambiance and charm. The functional floor plan offers a main-level primary suite, plus two additional bedrooms upstairs, each with its own bathroom. The primary suite has a beautiful wood-burning fireplace and a private bathroom with heated floors, double vanity, and a glass-enclosed shower. The lower level provides exceptional flexibility with a large bonus room that can easily serve as a fourth bedroom, playroom, den, or additional gathering space. A separate workshop opens directly onto the lower-level porch, allowing a dedicated space for hobbies, projects, or storage. A two-car garage adds valuable convenience. Set on approximately 1.24+/- acres with a pond and stream, the property also has a large screened porch and a covered lower-level patio with vinyl shades for enjoying Highlands' cool mountain climate. Other behind-the-scenes features include a generator, lightning protection, high-speed internet, a hot tub, and much more! As part of Cold Springs, owners have access to an array of community amenities, including a community lake, tennis courts, equestrian facilities and pasture, and riding trails. Vacation rentals are permitted with a minimum stay of 14 days, and there is no limit on how many 14-day rentals the property may have throughout the year. With its well-designed floor plan, quality finishes, plenty of space for entertaining, and furnishings already in place, 104 Pheasant Run presents the rare opportunity to arrive, unpack, and immediately enjoy Highlands. Its quiet, convenient location puts downtown Highlands, dining, shopping, and recreation just minutes away. Let's go see it!