A rare opportunity awaits in the quiet community of Lamona! Set on 1.86 acres, this distinctive property offers two homes, generous outdoor space and exceptional flexibility for multigenerational living or rental income. The beautifully updated 1934 bungalow welcomes you with 3 bedrooms, 1.5 baths and 1,597 sq ft of inviting living space, plus a spacious 1,074 sq ft basement with abundant pantry storage. Imagine gathering in the updated kitchen, relaxing in the soaking tub or enjoying a quiet evening from the newer deck while taking in the peaceful surroundings. Thoughtful improvements, including cement-board siding, updated electrical, a heat pump, buried utilities and 400-amp service, provide comfort and functionality. A 2025 Clayton doublewide offers approximately 1,512 sq ft with 3 bedrooms and 2 baths, creating a wonderful option for extended family, guests or rental income. The fully permitted manufactured home is anchored to a concrete foundation with a perimeter wall and has its own septic system. The shared well is conservatively rated at 40 GPM, with a new pump delivering 20 GPM at 60 PSI. Detached garage, an old pig barn, woodshed and several additional metal-sided outbuildings provide plenty of space for vehicles, hobbies, animals and storage. With room to spread out, multiple living possibilities and income potential, this one-of-a-kind property invites you to create the lifestyle you have been looking for.