Tucked away on a peaceful street just minutes from downtown Fredericksburg, this distinctive property blends timeless Hill Country charm w/ modern Mediterranean flair. The beautiful .51 ac. retreat includes a 1707 SF 3/3 main residence, a 390 SF 1/1 guest apartment & an additional 570 SF guest quarters/bunk room w/1 full bath - converted from the original 2-car garage. Currently operating as a BnB, the home & guest spaces comfortably sleep 16 guests. Main home features open-concept layout designed for entertaining. The kitchen is equipped with high-end appliances & custom cabinetry. The living area showcases a rock wood-burning fireplace, while high ceilings & designer touches add character & style throughout. Upstairs, the spacious primary suite offers a peaceful sanctuary w/ a stand-alone tub perfectly positioned to capture breathtaking Hill Country views. The large walk-in closet is currently used for laundry & BnB storage. Outdoor amenities include a rock patio w/ a hot tub, a fire pit area & terraced gathering spots that flow down the hillside. Whether you're looking for a luxurious personal retreat, an income-producing property, or both, this versatile home checks every box!