Rare opportunity in Perrinville! Whether you are searching for multigenerational living, space for extended guests, or the potential to offset monthly expenses, this versatile property offers flexibility that is hard to find. Featuring four bedrooms and three and a half bathrooms, the home includes a fully equipped lower-level living area complete with a second kitchen, separate living space, spacious bonus room, and private access - ideal for an accessory dwelling unit-style setup, long-term guests, or a variety of living arrangements. Upstairs, enjoy comfortable everyday living with light-filled spaces designed for both relaxing and entertaining. Sliders off the dining area open to an oversized covered deck, creating seamless indoor-outdoor living year-round. The fully fenced backyard is surrounded by mature trees, offering privacy, room to play, garden, or simply unwind. Split-level homes are highly sought after for their ability to provide separation of living spaces while maintaining the functionality of a single-family residence. Buyers seeking flexibility, supplemental income potential, or a home that can adapt to changing needs will appreciate the possibilities this property presents. Ideally located in the desirable Perrinville neighborhood near parks, shopping, dining, and commuter routes with convenient access to Edmonds and Seattle. For added peace of mind, a pre-listing home inspection and sewer scope have already been completed and are available for buyer review. Welcome home!