Discover a rare opportunity to own a luxury renovated home with a full guest house sitting on an expansive .4 acre lot. Majestic live oaks and other beautiful mature trees surround this property. Nestled on a serene cul-de-sac street in a quiet Dallas neighborhood, 5270 Ponderosa Circle offers a private retreat with the convenience of a prime location--just minutes from White Rock Lake, Lakewood, and Lower Greenville. Inside, its flexible floor plan offers an attached secondary residence, perfect for a mother-in-law suite or rental income. The primary residence features three bedrooms, two bathrooms, and a sprawling backyard. The secondary residence has its own separate kitchen, bathroom, bedroom, living, dining, laundry room, private entrance, and two fenced patios. Upgrades include new roof, gutters, HVAC, windows, interior & exterior paint, wood privacy fence surrounding property, sprinkler system, hardwood floors throughout, exotic marble & quartzite countertops & tile in kitchen and bathrooms, lighting, fixtures, and more. The property includes approximately 200 additional square feet not reflected in Dallas appraisal records; buyer to verify. Experience luxury design, spacious and secluded grounds, and potential income-producing use at 5270 Ponderosa Circle.