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Welcome to Cottage #8 at Wason Ranch, a breathtaking property nestled within the exclusive and rarely available Wason Ranch in Creede, Colorado. Situated on 1466.75 deeded acres, this property boasts an impressive 4-miles of private Rio Grande River on both sides -seldom fished trout water. The property comes with 3 shares of Wason Ranch Corporation, representing a 4% ownership of the ranch. Each share is valued at $100,000, allowing you to be a part of this incredible community. Convenience meets history, as the property is conveniently located just 2-miles from the historic town of Creede, Colorado. With the U.S. national forest bordering the property on two sides. The log home spans 1670 sq. ft. and features a cozy fireside living room, three bedrooms and bathrooms to accommodate your family and guests. Take in the breathtaking views from the large covered 198 sq. ft. porch, which overlooks the majestic Rio Grande River. Additionally, the property benefits from an agriculture tax base for property taxes, and a local rancher leases pasture from the corporation, adding to the allure of this exceptional property. The annual property tax for the home is approximately $937.32, and there is a capital assessment of $1885 per share annually, totaling $5550 per year for the 3 shares. The ground under the home is rented from Wason Ranch Corporation for $583.21 per year. Water for the house is sourced from a shared well with the neighboring property, with permit #139670. The Wason Ranch Corporation requires a 60% approval from current members to approve a new potential buyer before the sale can be finalized. Please note that there could be higher assessments for 2023 due to the construction of the newly built manager's headquarters on the ranch. As part of the Wason Ranch, you'll have access to a fishing lake, spawning pools, and exceptional Rio Grande River Gold Medal Fishing.