Rarely does a property offer this level of versatility, character, and income potential—all in such a convenient Lancaster location. Sitting on approximately 1/2 acre, this beautifully updated 3-bedroom, 2-bath main residence blends modern upgrades with timeless charm, featuring a newer roof, new windows, electrical panels, fresh paint, and refinished hardwood floors throughout. The thoughtfully redesigned kitchen showcases brand new quartz countertops and flows seamlessly into bright living spaces, while brand-new mini-splits provide efficient heating and cooling, complemented by an oil boiler and classic radiator system as a reliable backup. A first-floor primary suite and two full bathrooms add everyday comfort and flexibility, while upstairs you’ll find two additional bedrooms ideal for family, guests, or work-from-home needs. Step outside to a brand-new deck overlooking a peaceful backyard oasis complete with a creek, footbridge, and fire pit—an inviting space that feels tucked away yet connected. Adding even more value, the property includes an attached two-car garage with automatic opener, a detached one-car garage/carriage house with finished upper-level space perfect for an office, studio, or playroom (with electric and plumbing already in place), and best of all, a charming detached cottage with all furnishings included! This dwelling alone has generated an average of $2,185 per month rental income for 2025, with room for growth. Whether you’re looking for multi-generational living, a home with serious income potential, or simply a one-of-a-kind property that offers options most homes can’t, this one delivers. All of this is just minutes from shopping, dining, major conveniences like Walmart, and within walking distance to a nearby park—making this an exceptional opportunity in one of Lancaster’s most accessible locations.