Incredible opportunity in the heart of Green Mountain Falls! This stunning mountain property offers breathtaking panoramic views overlooking Gazebo Lake and the charming village below, all set against the majestic backdrop of Pikes Peak. Perfectly positioned for both privacy and convenience, you'll enjoy a peaceful, tucked-away setting while still being just a short drive to Colorado Springs and all the amenities of the Pikes Peak region. Originally built as a triplex, this versatile property is an exceptional income-producing asset with proven performance. The upper level is currently operating as a successful VRBO vacation rental, while the two lower-level units are leased as long-term rentals-creating multiple streams of income. Zoned multi-family, the property provides flexibility for short-term rentals, long-term leasing, or a combination of both to maximize investment potential. Inside, you'll find a beautiful, open floor plan with thoughtful updates throughout, including an updated kitchen and bathrooms. The spacious primary suite features private access to a wraparound deck-perfect for soaking in the mountain air and unforgettable views. Whether you're enjoying your morning coffee or entertaining guests, this outdoor space is a true highlight. The home also offers incredible adaptability, with the option to easily convert it into a single-family residence. Ideal for multi-generational living, guest quarters, or private space for older children, the lower level can be accessed via both an interior and exterior staircase for added convenience and privacy. Additional features include ample off-street parking and a highly desirable location within walking distance to the village, Gazebo Lake, local dining, and endless hiking trails. Whether you're seeking an investment property, a mountain getaway, or a full-time residence with income potential, this is Green Mountain Falls living at its absolute finest. Furniture not included but negotiable.