This stupa is erected on level ground, approximately 200m east of Bokcheonam Hermitage at Beopjusa Temple. It stands side-by-side with the Stupa of Buddhist Monk Hakjo. The two stupas are similar in structure and style, but the okgaeseok (roof stone) on this particular stupa is simpler compared to the other one. The stupa’s body contains the inscription “Stupa of Suamhwasang,” while another inscription containing the words “Erected in the 8th month of the 16th year of Emperor Chenghua of the Ming Dynasty” is engraved in two lines on the middle pedestal, indicating that the Stupa was erected in 1480 (the 11th year of the reign of King Seongjong) and suggesting that Buddhist Monk Suam was a high priest of the early Joseon Dynasty who was related to Bokcheonam Hermitage. This stupa was erected during the early Joseon Dynasty but follows the style of octagonal stupas of the Goryeo Dynasty. It is considered an important cultural heritage due to its beautiful structural style and because the construction date and name of the person to whom the stupa is dedicated are inscribed on the stupa, making it a prototype and reference for other stupas of the Joseon Dynasty.