Tucked into the peaceful Timbers Village enclave, just minutes south of Steamboat Springs, this inviting duplex chalet captures the essence of mountain living with income potential built in! Set on a prominent corner lot, the property showcases sweeping views of Catamount Lake, the Flat Tops Wilderness and surrounding peaks, with direct proximity to National Forest lands for year-round adventure right out your door. Positioned about 10 minutes from Steamboat Ski Resort, this property offers rare flexibility thanks to its PUD zoning, allowing for short-term rentals, duplex use, or even a live/work setup. Whether you're seeking a primary residence, investment opportunity, or a combination of both, this property delivers. The upper level offers a 2 bedroom, 1 bath layout with thoughtfully designed bonus spaces throughout. A beautifully updated kitchen anchors the home, featuring quartz countertops, stainless steel appliances, stone tile, and a mosaic backsplash. Exposed beams and abundant natural light create a cozy yet elevated mountain aesthetic. Multiple outdoor living areas, including a spacious deck and patio, invite you to take in the surrounding scenery. Upstairs, the primary suite enjoys added privacy with its own sink, deck access, and serene views, while an additional bedroom and loft provide flexible space for guests, work, or relaxation. Clever built-ins and storage solutions maximize functionality throughout. The lower level presents a valuable income opportunity, currently configured as a 1-bedroom, 1-bath unit. Featuring an open layout, private patio, and easy access with ample parking, it's perfectly suited for long or short term rental use, guest quarters, or a caretaker's residence. With its unbeatable setting, versatile layout, and income-generating potential, this Timbers Village property is an exceptional opportunity for those looking to embrace the Steamboat lifestyle while making a smart investment.