Calling all contractors, flippers, and fixer uppers! Rare opportunity to buy far below market value and build sweat equity in the Meadow area of Big Sky. Located near the beloved Ousel Falls trailhead and a short distance to Big Sky's Town Center, this Firelight Chalet is a blank canvas for you create your vision. Employee housing, starter home, short term and long term rentals are allowed. You get to decide. This is an excellent candidate for the Big Sky Community Housing Trust's GOOD DEEDS program which could provide significant down payment assistance (google it for details). Smart layout includes 3 ensuite bedrooms on two floors, vaulted ceilings, single car garage all in an end unit with extra south-facing windows. The exterior features mature landscaping, both deciduous and coniferous, providing privacy and screening. There is a nice little berm out there, too. The HOA dues include trash and recycling on site, a playground, groomed trail, all exterior maintenance, and camper/boat storage (extra fee). A brand new roof has been installed by the HOA and has been fully funded by the seller. Get your foot in the door of Big Sky's real estate market. Local lender advised listing team that it qualifies for a construction loan; please verify with your preferred lender. Seller intends to sell this property "as is" and encourages buyers to perform a home inspection.