Welcome to this lovingly maintained 4-bedroom, 1-bath ranch-style retreat nestled in the well known Home Place neighborhood of Carmel! Perfectly blending comfort, charm, and investment potential, this home offers a rare opportunity to own a turnkey property in one of the area's most desirable communities with no HOA. Step inside to find a warm and inviting living room complete with a cozy fireplace and natural light streaming through all-new windows. The formal dining room flows seamlessly into the heart of the home, making entertaining a breeze. A spacious mudroom with laundry provides both practicality and convenience, ideal for busy households. The expansive primary bedroom is a true retreat, featuring a large walk-in closet and direct access to a private back deck. Outside, you'll discover a serene backyard oasis that rivals any spa resort-complete with a hot tub, sauna, outdoor shower, and even a cozy lofted area for relaxation or guests. Upgrades include LP siding, a new roof, new windows, and all-new concrete and driveway within the past six years-offering peace of mind and curb appeal. Whether you're sipping coffee under the gazebo or soaking in the spa after a long day, this home is built for both relaxation and lifestyle. As an added bonus, this property has proven itself as a strong performer in the short-term rental market, generating over $4,000 per month in gross income-making it a smart choice for both homeowners and investors alike. Don't miss this rare blend of charm, comfort, and opportunity in one of Carmel's most beloved neighborhoods!