Discover a one-of-a-kind property in the heart of Dillon offering flexibility, income potential, and standout mountain-lake living. This three-story home features a rare multi-unit layout with long-term tenants currently occupying the middle and lower levels. The middle level includes a two-bedroom, two-bathroom suite with a full kitchen, wet bar, sunroom, primary ensuite, and laundry. The lower level offers both a one-bedroom, one-bathroom apartment with a full kitchen and living area, as well as a separate studio with a full bathroom. The upper level serves as the owners residence and lives as a true mountain retreat. Highlights include a spacious chefs kitchen with granite countertops and exceptional storage, a large great room with vaulted ceilings and a stone gas fireplace, and an expansive deck designed for entertaining with views of Lake Dillon. This level also features a guest bedroom, a beautifully finished 3/4 bathroom, and a private primary suite in its own wing with a gas fireplace, oversized walk-in closet, jetted tub, and a large shower. Additional features include two oversized two-car garages with ample storage, a shared outdoor hot tub, and a half-acre lot with lake and mountain views. Located within Dillon town limits with no HOA, the property qualifies for a short-term rental license, creating an exceptional opportunity for investors to generate income on the lower and middle levels while enjoying the upper level for personal use. The layout can also be easily converted back into a traditional single-family home by unlocking interior doors. Enjoy a prime location less than ten minutes from Keystone Resort and steps from paddle boarding on Lake Dillon. The marina, amphitheater, restaurants, bars, tennis courts, and the seasonal farmers market are all within a short walk.