This rare jewel, a FLAT 5 acre property, with a view, and three units in desirable, quickly appreciating, Cape Ferrelo! You could do anything here - BnB, family compound, income property - it has been all three. There are two spacious unfinished spaces, one downstairs in the main, and one above the oversized 3 car garage, which you could probably improve for more units. All existing units have kitchen, laundry, and outside entrances. The cottage is a two bedroom, one bath renting for 1675. The main house has a fully self contained apartment, renting as high as 1450, or open the connecting door and you have a 3 bedroom home with a den, plus a 2 bedroom cottage. You could live here and rent out one or two units, rent all three, or do a BnB. This property has amazing infrastructure - a good well with water storage, new septic, new heat pump, one new roof, and 220 in the two-story garage. There are numerous outbuildings, 3 hot houses, a blueberry house, fruit trees, extensive parking, eventually marketable timber - you could even keep horses. Private and quiet, with 16 towering rhododendrons and azaleas, at 900 feet you are above the fog. The owner recently finished a 5 year remodel, with custom, updated, contemporary style, for worry free conditions for years to come. The master unit features an open floor plan with a spacious two story living room, and a sweeping view of the valley and the hills beyond. Luxury plank flooring, a two pantry kitchen, two balconies, a covered front deck, and a luxurious Spa bathroom with a walk in shower, beautiful cabinetry, and a free standing soaking tub.This unit has been rented for $2200. Prospective buyers please do your own due diligence as to the property's suitability for your needs. Owner is an Oregon licensed realtor.