Charming Home with Income Potential in the Town of Great Valley Don't miss this fantastic opportunity to own a well-maintained home offering charm, versatility, great outdoor living and income potential—all while benefiting from lower area taxes . The main home features 3 bedrooms, 1 full bath, a spacious living room with a cozy wood-burning fireplace, a welcoming dining room, and an inviting kitchen with newer appliances. Beautiful hardwood floors add warmth and character throughout much of the home, and there is the added convenience of first-floor laundry which currently is in the 3rd bedroom. Adding to the home's versatility is a spacious bonus room that could easily be finished or converted into additional living space to suit your needs—whether as an extra family room, fitness area, or seasonal room, the possibilities are endless. The basement is currently used as a recreation area, providing even more space to relax, entertain, or create the perfect hobby or game room. Built to last, the home features durable Hardie Board siding and a standing seam metal roof for long-lasting beauty and low maintenance. Recent improvements also include new windows, a freshly painted exterior, a new stone façade that enhances the curb appeal, and a well that is only five years old. Numerous additional updates have already been completed, making this home truly move-in ready. The standout feature is the separate 1-bedroom apartment above the garage. Complete with its own private utilities and washer and dryer area. It offers an excellent opportunity for rental income, guest accommodations, or a comfortable space for extended family. Exceptional outdoor living spaces. Relax year-round in the hot tub or unwind on the expansive covered deck, perfect for entertaining or simply enjoying the peaceful surroundings. This is a must see home ready for it's new family. Ideally located just minutes from the shops, restaurants, golf, festivals, and ski slopes of Ellicottville, as well as the hiking, camping, and year-round recreation of Allegany State Park, this property offers the perfect blend of comfortable living, investment opportunity, and outdoor adventure.