Rare opportunity in Blue Diamond Village! This Blue Diamond home offers the extraordinary combination of small-town desert living, an exceptional village location and the natural beauty of Red Rock Canyon. Located directly across from the community park, the home overlooks a remarkable oasis of towering old-growth cottonwood trees and the natural spring that has long defined this historic desert community. Step outside your front door to enjoy the park, community swimming pool, pickleball, basketball and bocce ball courts, along with a welcoming community gathering space. Blue Diamond has a grade school, library, church, and local restaurant. This original Blue Diamond bungalow has been completely upgraded, blending the character of Blue Diamond with thoughtful improvements and modern comfort. Extensive custom landscaping surrounds the property with over 150' of native rock walls, decomposed granite driveways and backyard, large boulders, mature desert landscaping and pine trees. The expansive 12,197 sq. ft. lot offers privacy, outdoor living and ample room for RV parking, a future garage or home addition. The terraced backyard offers beautiful view of Red Rock Canyon, creating a dramatic backdrop for parties around the rock lined fire pit. Recent upgrades include a complete kitchen and bathroom remodel with the finest materials including granite countertop, quality wood cabinets, and intricate travertine tile work. Other upgrades include an electrical panel upgrade in 2015, kitchen and bath plumbing upgrades, honey pine flooring, dual pane high efficiency vinyl windows, new roof and sheathing in 2016, new HVAC and ductwork in 2015, new water heater in 2024, and auto sprinklers throughout with 3 controllers and 12 valves. 3 Cottonwood offers a rare opportunity to own a quality home in one of Southern Nevada's most distinctive and coveted communities in a prize location across from the park.