Set on 3.09 sunny, usable acres at the end of a quiet cul-de-sac in Grass Valley's desirable Peardale area, this unique property offers a rare blend of flexibility, location, and strong income potential. The home is thoughtfully configured as two fully independent living spaces each with its own private entrance, parking, and full amenities making it ideal for rental income, multi-generational living, or owner occupancy with privacy and passive revenue. One side features 2BD/1BA, a laundry room, and a spacious extra room perfect for a home office, den, or optional 3rd bedroom. The other offers 2BD/1BA, a large newer front deck, and a detached 1-car garage with custom foundation/stone work. A large concrete-floor storage area beneath the home is ideal for tools, gear, or workshop use. The property is supported by a high-producing 18 GPM shared well, clear septic, and irrigation water from the Chicago Ditch perfect for gardening, hobby farming, or future expansion. Located just minutes from Target at McKnight, historic downtown Grass Valley, Nevada City, and the Yuba River, with convenient access to skiing, Tahoe, and endless outdoor recreation. A turnkey opportunity to generate cash flow quickly or enjoy a flexible lifestyle in the Sierra foothills.