Welcome to the serenity of this lovely waterfront townhome at The Ranch in the picturesque North Animas Valley! This home has an ideal location backing to Fawn Lake, and the views from this property will remain unobstructed from future development. TOWNHOME: Inside you will find a roomy and functional floorplan (including two bedrooms on the main level) that has been upgraded during seller's ownership, with new flooring on the main level, new shower in the primary bath, and more. The great room living area has vaulted redwood ceilings and plenty of light with many windows facing the lake views. The main level includes living, dining, kitchen, primary bedroom and bath (including private cozy sunroom with sauna), second bedroom and full bath, laundry room and two car garage. Upstairs is a spacious loft bedroom and flex space and 3/4 bath. Features include wood-burning fireplace, hot water baseboard radiant heating system, skylights, river rock privacy walls, and a spacious deck facing views of the lake and Missionary Ridge. COMMUNITY: Meanwhile, back at “The Ranch” . . . . there’s a slice of paradise, surrounded by panoramic views, trout ponds and the red Hermosa Cliffs. Securely nestled in the North Animas Valley, The Ranch is like no other residential community in SW Colorado. Over the years it has quietly grown into a community of homes and people who enjoy the outdoors, the Colorado lifestyle, and appreciate the conveniences and values of a planned community. Ownership entitles owners to use of common amenities such as a 30-acre wildlife preserve along the Hermosa Creek, trout fishing, tennis & pickleball court, RV storage area, extensive common ground areas, abundant irrigation water, and the privacy enjoyed with mature landscaping. Enjoy the beauty of the serene ponds and streams meandering throughout the community. This opportunity won't last long so schedule your showing today!