**LISTED BELOW APPRAISED VALUE!** A rare opportunity for buyers looking for **INVESTMENT POTENTIAL, MULTI-GENERATIONAL LIVING, or simply MORE SPACE AND FLEXIBILITY**. Situated on nearly **2 acres**, this unique property features a spacious **5-bedroom, 5-bathroom main residence PLUS a separate 2-level accessory dwelling unit**, giving you options that are hard to find in this location.The **3,793-square-foot main home** includes a fully finished, heated and cooled basement and offers plenty of room to spread out. The main level features beautiful hardwood floors, five spacious bedrooms, three full bathrooms, updated finishes, and a generous primary suite with custom built-ins and private balcony access overlooking the peaceful backyard.The finished basement adds an entirely different level of versatility with a large recreation area, **two additional full bathrooms**, new LVP flooring, fresh paint, and flexible spaces that could accommodate guests, extended living arrangements, a home office or business setup, or additional income-producing possibilities.Just steps away, the **1,147-square-foot accessory dwelling unit** brings even more opportunity. This charming two-level residence features a full kitchen, living area, bedroom, **two full bathrooms**, a spiral staircase, and its own private balcony. Whether envisioned as a guest house, in-law suite, long-term rental, or short-term rental opportunity, the possibilities are extensive.Outside, the property continues to impress with an expansive **brick courtyard, wooded surroundings, and full-length balconies on both residences**, creating multiple spaces to entertain, unwind, and enjoy the privacy of nearly two acres.Extensive improvements have already been completed, including a **complete electrical system upgrade with new wiring and panels**, refreshed kitchen with custom cabinetry, new appliances, painted cabinets, updated hardware, and refinished sink. Bathrooms have also been updated with new tile, reglazed tubs, vanities, lighting, and fixtures. Fresh interior paint, sheetrock repairs, new closet doors, updated hardware, new LVP, and additional improvements throughout give the property a refreshed feel while maintaining its unique character.Located less than **10 minutes from Downtown Southern Pines and the Village of Pinehurst**, with convenient access to **Fort Bragg**, this is more than just a home. It's a property with **space, flexibility, and income potential** that's increasingly difficult to find.**Two residences. Nearly two acres. Endless possibilities. Offered below appraised value.**