Discover a rare multi-generational opportunity or a versatile investment nestled on 2.51 serene, wooded acres in Forest Lake Highlands. This meticulously maintained 1,200 sq. ft. ranch offers a spacious main level featuring three bedrooms, two full bathrooms, and newer flooring that flows throughout the home. The inviting living area is centered around a cozy gas fireplace, creating a warm atmosphere for relaxation. The main kitchen comes fully equipped with all appliances, including a gas stove and refrigerator, ensuring a turn-key experience for the next owner. The property's unique value is further enhanced by the fully finished walk-out basement, which is designed as a self-contained two-bedroom apartment with its own full bathroom. This lower level provides exceptional privacy with a dedicated entry door and direct garage access, making it ideal for an in-law suite or guest quarters. It features a second kitchen area with its own gas stove and refrigerator, along with a functional utility room and two generous storage rooms. In total, the home provides five bedrooms, three full baths, and two sets of kitchen appliances to accommodate any living arrangement. The exterior of the home is equally impressive, situated on four combined parcels that provide 450 feet of road frontage and plenty of room to roam. The attached garage includes a convenient coded entry for added security and ease of access. For ultimate peace of mind, the sale includes a one-year home warranty through America's Preferred. This property offers the perfect blend of a private Michigan retreat and a highly functional multi-unit living space.