Have you been searching for the perfect home in Ouray—a property that not only offers a cozy retreat for you and your loved ones, but also delivers outstanding investment potential? This fully furnished, move-in ready townhome on the banks of the Uncompahgre River offers exactly that—and so much more. Unlike many complexes in town, this property comes with no HOA fees and no restrictive covenants. That means you’ll save thousands over the years compared to similar properties, while also enjoying the flexibility to use your home as you choose. With the City of Ouray’s proper permitting, you can operate both short-term rentals (VRBO, Airbnb) and long-term rentals, creating an exceptional income-producing investment property in the heart of Colorado’s San Juan Mountains. Inside, the spacious layout is designed for comfort and functionality. The upper level features a bright living room, dining area, kitchen, full bath, and a primary bedroom with a private riverfront deck. The entry level offers two additional bedrooms, another bath, and an oversized, fully finished garage with ample space for all your outdoor gear—bikes, skis, kayaks, and more. Outside, a large front deck offers stunning views of Gold Hill, while the back patio sits right on the river’s edge—perfect for relaxing after a day of adventure. Location is everything, and this end-unit townhome has one of the best spots in Ouray. Just steps from the North Ouray Corridor Trail and minutes from the famous Ouray Hot Springs Pool, you’ll have endless access to hiking, biking, fishing, and year-round mountain adventures. With its private corner position, you can walk directly along the side of your home to the river trail, making outdoor living effortless. Whether you’re looking for a personal mountain getaway, a vacation rental investment, or a full-time Colorado residence, this unique Ouray property checks every box. Don’t miss your chance to own a rare riverfront home with unbeatable lifestyle and income potential.