Rare opportunity to own a versatile property in the conveniently located Cobblecrest subdivision just off Ski Hill Road in the heart of Teton Valley. Situated on 1.38 acres with tip of the Teton views, this unique two-unit configuration offers flexibility for rental income, multi-generational living, or a combination of personal use and investment potential. The lower level features a fully furnished 2-bedroom, 1-bath unit currently operating as a successful short-term rental, with inviting interior spaces and a large wooden deck/porch area where you can enjoy expansive views toward the Tetons. The upper unit offers an additional 1-bedroom, 1-bath living space with a private balcony and its own peek of the Teton Range. The upper unit is currently leased by a long-term tenant, with the tenancy converting to month-to-month in November. Located just minutes from downtown Driggs amenities, dining, shopping, and services, this property also offers convenient access to year-round recreation. The Powder Valley Grand Targhee shuttle stop is within walking distance, providing easy access to Grand Targhee Resort in approximately 25 minutes. Enjoy world-class skiing, mountain biking, hiking, fishing, climbing, snowshoeing, and endless outdoor adventures throughout Teton Valley and the surrounding mountains. With an established short-term rental history, a flexible layout, and a prime Ski Hill Road location, this property offers a rare opportunity to own a piece of Teton Valley lifestyle with built-in versatility and income potential. Photo annotations, including approximate lot lines, arrows, and labels, are for illustrative purposes only and are not to scale or intended to establish exact boundaries, locations, or distances.