Tucked among the trees and less than 10 minutes from downtown Highlands, this versatile two-level home offers a rare combination of space, privacy, and potential, with no short-term rental restrictions. Whether you're looking for a full-time residence, mountain getaway, or income-producing property, this one checks all the boxes. The main living area features vaulted ceilings, a cozy fireplace, beautiful wood flooring, and access to a spacious back porch that is partially covered, complete with an outdoor shower and a rustic bar setup, perfect for entertaining. This 2 bedroom home also offers 2 bonus rooms ideal for overflow guests, office space, etc. Other features include a second living area and an additional flex space, offering plenty of room for everyone to spread out. The lower level could easily be converted into a separate unit with the addition of a kitchen, creating even more value and flexibility. A generous carport accommodates up to four vehicles, making it convenient for guests or multiple residents. Priced under $500K, this home presents an incredible opportunity for a variety of buyers.