Situated on a scenic 0.40-acre corner lot in the heart of Woodland Park, this distinctive 3-bedroom, 4-bath custom home is filled with character, flexibility, and incredible potential. While offering the convenience of a Woodland Park address with easy access to shopping, restaurants, schools, and outdoor recreation, the property is actually located in Teller County-a rare and valuable advantage that allows for short-term rentals (subject to county licensing and regulations). With two separate living areas, each complete with its own full kitchen, this unique floor plan offers outstanding possibilities for income-producing short-term rentals, multi-generational living, or occupying one level while generating rental income from the other. The home provides a wonderful opportunity for a new owner to add their own style and personal touches while building equity in an exceptional location. Thoughtfully designed with built-ins throughout, the main-level kitchen features beautiful knotty alder cabinetry, a massive center island, and a built-in gas range, while the lower-level walk-out includes a full kitchen with breakfast bar, creating exceptional versatility. The main-level primary suite offers private deck access along with a spacious bath featuring a jetted soaking tub, separate tile shower, and live-edge vanity. Upstairs, a warm wood-paneled loft with vaulted ceilings and skylights provides the perfect home office, studio, or reading retreat. Outside, you'll find an additional storage shed with an attached chicken coop, a customized secondary bedroom with a built-in daybed, and a peaceful mountain setting. Combining a prime in-town location with the rare benefits of Teller County ownership and outstanding investment potential, this is an opportunity that's becoming increasingly difficult to find.