Escape to the cool pines and relaxed mountain-town lifestyle Prescott is known for. This unique property offers the perfect opportunity for a vacation home, multigenerational retreat, or investment property just moments from downtown Prescott's restaurants, boutiques, events, and outdoor recreation. Set on a serene, park-like lot with a tranquil waterfall feature, the property invites peaceful mornings and relaxing evenings surrounded by nature. The flexible floorplan currently functions as two separate living areas, creating ideal space for guests, extended family, seasonal living, or rental potential. A detached studio/workshop with a half bath provides additional room for a home office, art studio, fitness room, or private creative space. With great bones, abundant charm, and endless possibilities, this hidden gem is ready for someone to bring their vision and make it shine.