Tucked into a wooded .94-acre lot in scenic Elmwood Township, this 5BR/2.5BA ranch-style home offers space, privacy, and exceptional flexibilityâ€"all just a short drive from downtown Traverse City. With approximately 1,600 square feet of total finished living space and a detached 2-car garage that includes an office, there’s plenty of room to settle in and stretch out. Zoned R2 (Residential â€" Two Families), this property has already proven its potential. The lower level has operated as a successful Airbnb, while the main level has been rented long-term. The Airbnb is fully furnished and ready to rent. Whether you’re planning to live on one floor and rent the other, build or expand your investment portfolio, or simply enjoy a flexible layout, this home offers outstanding options. Nature lovers will appreciate the backyard path to the Leelanau Trailâ€"head north for a ride to Suttons Bay, or go south for a quick trip into Traverse City. Plus, downtown TC is just minutes away.