Priced for Value-Add Equity: At $2.1M, the $642 ppsf price leaves room to invest $1M OR MORE in upgrades and still sit comfortably under the $1,000/sq ft threshold typical of luxury Frisco, CO homes. 3 Distinct Living Spaces: The multi-level footprint naturally divides into three separate living areas, offering built-in separation needed to optimize multi-generational living, utilize a work-from-home space without interrupting residents, or host large groups comfortably. Income-Producing Potential: The early-2000s oversized 2-car garage addition includes a bright, upper-level bonus space with fully independent exterior access, perfectly primed for offset rental income, a private home office, high-end game room, or a secluded guest retreat. ADU or MIL? House your MOM, MIL, or adult child in a cozy living space with separate entry, surface parking, or optional garage. Coveted Bill's Ranch Location: Set in the historic, highly sought-after Bill's Ranch subdivision, the property sits in unincorporated Summit County, providing a quiet, secluded feel while remaining immediately adjacent to the amenities of downtown Frisco. Generous Lot with Prime Views: The home sits on a rare 0.41-acre wooded lot, delivering authentic mountain privacy, mature trees, and beautiful views of Buffalo Mountain and Peak 1. Strong Architectural Bones: The interior is anchored by an impressive timber frame and a massive, full-height floor-to-ceiling stone hearth, offering a timeless rustic foundation that would be incredibly costly to replicate from scratch today. High-ROI Improvements: The classic 1974 mountain cabin aesthetic provides a blank canvas for modernization; updating the home with tailored architectural details replacing dated finishes can instantly elevate the curb appeal to match a $3M+ valuation. With well water, Town of Frisco SEWER, and a low HOA fee of $50/month (road maint), the ongoing overhead for a large property in this premier location is kept to an absolute minimum.