Few opportunities in Ouray County combine breathtaking scenery, thoughtful planning, and immediate enjoyment quite like this remarkable 3.75-acre homesite at 254 Waterview Cove in Ridgway, Colorado. Perfectly positioned in the sought-after Waterview Cove neighborhood on Log Hill, this extraordinary property captures panoramic views that stretch across Ridgway Reservoir to the dramatic Cimarron Mountains, while Mount Sneffels and the surrounding San Juan Mountains create an unforgettable western backdrop. Whether you're dreaming of building a luxurious mountain retreat, a full-time residence, or a legacy property to enjoy for generations, this homesite offers one of the finest foundations available anywhere in the Ridgway, Ouray, and Telluride region. What truly distinguishes this property is the tremendous amount of time, expertise, and investment the current owners have already contributed. Creating a premier mountain homesite is often a lengthy process involving engineering, road construction, architectural planning, foundation design, septic engineering, county approvals, and Architectural Review Committee approvals before construction of a primary residence can even begin. Here, those challenging first steps have already been successfully completed by experienced professionals. The result is a property that's uniquely positioned for its next owner to focus on designing an extraordinary custom home instead of navigating years of infrastructure and permitting. One of the property's most valuable features is the beautifully completed one-bedroom guest residence, thoughtfully situated below the future primary building site so it enjoys spectacular views while preserving the panoramic view corridor for your future custom home. In many mountain communities, building an accessory dwelling before the main residence simply isn't possible. Thanks to careful planning and successful approvals, this property offers the rare ability to immediately begin enjoying your mountain lifestyle while designing and constructing your dream home. The guest residence is exceptionally comfortable, beautifully finished, and built for lasting quality. Constructed on a full foundation, the home features an open floor plan that maximizes the surrounding scenery. The spacious kitchen offers abundant cabinetry, quality stainless steel appliances, generous workspace, and an inviting dining area that flows naturally into the comfortable living room. Large windows frame the ever-changing beauty of Ridgway Reservoir, while natural light fills the interior throughout the day. Step outside onto the expansive Trex deck where rich metal railings frame some of the most inspiring views in Southwest Colorado. From sunrise reflecting across the waters of Ridgway Reservoir to glowing evening sunsets illuminating Mount Sneffels and the Cimarron Range, every season provides its own spectacular display. Stone outcroppings below the deck create an ideal place to relax, entertain, or simply absorb the quiet beauty that defines life in Ouray County. Inside, attractive sliding barn doors open into a generously sized primary bedroom offering abundant closet space and peaceful privacy. Across the hallway, the beautifully appointed bathroom includes a glass-enclosed shower, dual vanities, extensive storage, and finishes selected for both comfort and durability. The residence is offered mostly furnished, allowing new owners to begin enjoying the property almost immediately. Modern mountain living is fully supported with natural gas forced-air heat, public water, underground utilities, grid power, high-speed internet, and all of the conveniences today's buyers expect. Whether used as your residence while building, comfortable guest quarters for family and friends, or as a long-term rental after your custom home is completed, the guest residen