This inviting 1971 brick home offers versatility and comfort in a serene location within the desirable Ashe Lake community. With 2 bedrooms and 1 bathroom on the main level, the home features a spacious living room, a functional kitchen, and a convenient laundry area. A standout feature of this property is the separate, downstairs living space with its own individual entrance. This additional lower level space includes a third bedroom plus additional bathroom, living room, kitchen, and laundry – just right for an in-law suite, guest quarters, or a rental opportunity (both short-term and long-term rentals are allowed). Please note the downstairs cannot be accessed from inside the home which is just right for rental income or in law apt. Enjoy the peaceful surroundings of Ashe Lake, with access to kayaking, fishing, and scenic walking trails. Whether you're looking for a personal retreat or an investment property with rental potential, this home offers endless possibilities in a prime location. Situated just 15 minutes from downtown West Jefferson where you can enjoy shopping, restaurants and charm of this historic mountain town! Don't miss out on this rare find!space includes a third bedroom plus additional bathroom, living room, kitchen, and laundry – just right for an in-law suite, guest quarters, or a rental opportunity (both short-term and long-term rentals are allowed). Please note the downstairs cannot be accessed from inside the home which is just for rental income or in law apt. Don't miss this rare find!