Welcome to 185 Panorama Blvd, where the living is double! This Southwestern residence offers rare flexibility, space, and views, as it offers 2 separate living areas under one roof! Situated on an extra-large .35-acre lot, this 3109 square foot light-filled home is ideal for full-time living, multi-generational use, or rental opportunity. Built by Casa Natural, this 4 bedroom 3 bath home is a winner! A charming flagstone front walkway and patio lead to a custom-designed entry patio, and when you open the front door, you are immediately filled with warmth and richness from the beautiful oak flooring, soaring vaulted ceilings, architectural niches, seated gas fireplace, and chic modern light fixtures. The open and flowing split-bedroom floor plan features northern walls of windows capturing Sedona's red rocks and was thoughtfully designed with the main level allowing a true one-level living experience. It features an open concept living/dining and kitchen area that spills out onto a covered back patio with views, a kitchen with highlights of maple cabinetry, tile flooring, generous counters, and a breakfast bar. The primary suite offers architectural niches, a large walk-in closet, and unique rectangular windows in the primary bath with double vanities, full tub and walk in shower. Main living level is finished with another bedroom, full hall bath, a flexible study or third bedroom, and a large walk in laundry room. Downstairs, discover an incredible private lower-level guest studio with its own separate entrance and interior access to the main living area! So, live on one floor and close off the other, or enjoy the main level while using the entire lower level for guests. This level is HUGE and offers the 4th bedroom, ¾ bath, larger than life kitchenette with refrigerator and wine cooler, large bonus living area, a dedicated home theater or family room with vaulted ceilings, and additional storage! Offering its own separate backyard entryway overlooking a large, paved patio with large trees for privacy. Entire home backs up to a dedicated wash for added privacy and is a 10 minute walk to restaurants and stores. Additional highlights include a two-car garage, a low yearly HOA fee of $555.00 (including trash pickup), and peace of mind as the HOA allows 30 day minimum rentals. This one is a winner, an exceptional offering that rarely comes available in Sedona! Turn key and Ready for you!