Tucked along the iconic, tree-lined stretch of historic Park Avenue, this charming Prescott cottage captures the character and charm that make downtown living so special. Just a short stroll from the Courthouse Square, local restaurants, shops, and events, the location offers the perfect blend of quiet neighborhood charm and walkable convenience. Featuring 3 bedrooms and 2 bathrooms, this property offers incredible flexibility. It has been a successful Airbnb and could serve as the perfect second home, weekend getaway from Phoenix, full-time residence, or investment property. The home can also be sold fully furnished, making it a truly turnkey opportunity. Upstairs you'll find a light-filled living room with a stunning fireplace, a bonus den or office space, and a spacious kitchen with abundant cabinetry and counter space. The dining room features charming corner built-ins, adding to the home's character. Also featuring two comfortable bedrooms, a full bathroom, and a conveniently located laundry area, offering functionality and ease for everyday living. Downstairs offers a separate one-bedroom, one-bath suite complete with its own kitchen, laundry, and private entrance, perfect for guests, multi-generational living, or additional rental income. An interior staircase connects both levels, or the spaces can easily be separated for privacy and flexibility. The beautifully landscaped yard features newly planted trees, wildflowers, vines, natural boulders, and meandering paths that create multiple secluded sitting areas. Enjoy the outdoors from the private deck off the kitchen or the Juliet balcony off the bedroom. There is also a large parking area and a matching shed ideal for storage or hobbies. Recent updates include fresh interior and exterior paint, an upgraded electrical panel, added air conditioning, and permanent holiday LED lighting. This charming Prescott cottage offers location, character, and versatility--schedule your showing today before it's gone.