This exceptional 4 bedroom 3 bath, 3,140 sq ft. home is surrounded by breathtaking views of Cascade Falls, the historic courthouse, and charming Victorian homes, offering a truly unique Downtown Ouray setting. Completely taken down to the studs and joists in 2016, nearly 90% of the framing has been replaced and reinforced, resulting in a home that exceeds modern building codes and energy efficiency standards. Further renovations in 2021 include finishing the basement that now has a lovely family room and spacious storage room with an additional refrigerator, installing a concrete patio in back with the addition of a gas fire pit and hot tub. Plantation Shutters were installed in the main living space and the kitchen cabinets have been painted a modern white to further brighten the kitchen and living room. Inside, solid oak flooring and porcelain tile complement a state-of-the-art in-floor radiant heating system. Smart home wiring ensures seamless connectivity throughout. The kitchen and bathrooms feature elegant granite countertops, while the kitchen is outfitted with stainless steel appliances and a premium exhaust hood over the range. A high-efficiency Mendota gas fireplace creates a warm focal point in the open, light-filled living and dining area. The spacious walkout basement offers additional flexibility, and the oversized two-car garage provides ample storage. Outside, the beautifully landscaped backyard includes flowering trees and mature apple and apricot trees, all maintained by an automatic sprinkler system—perfect for enjoying the serene surroundings in the 5 person hot tub or gathered around the large gas fire pit. Experience the comfort and performance of a modern home within a historic footprint in the heart of Downtown Ouray. This is truly a must-see property for discerning buyers.