Incredible opportunity for AFFORDABLE multi-generational or MULTI-FAMILY living, CAREGIVER space, or to earn RENTAL income in this spacious 4,800 SF ranch with beautiful red rock views and a walkout lower level in Lyons. The 2,400 SF main level features a bright, open layout with a remodeled kitchen boasting island seating, quartzite countertops, and stainless-steel appliances; an inviting dining room, two living areas, and a cozy fireplace. You'll also find 3 bedrooms and 3 baths, including a spacious primary suite with an attached office or nursery nook and convenient main-level laundry. The 2,400 SF lower level includes a large bedroom with a walk-in closet, a spacious bath, an open-concept great room with full kitchen, dining, and living space, plus a laundry room with washer and dryer. A light-filled 600 SF bonus room adds even more flexibility-perfect for a home-based business, studio, workroom, or additional bedroom/living area. With its own separate entrance that opens to the backyard, the lower-level functions as an optional licensed accessory dwelling unit (ADU), offering immediate rental income potential or private space for extended family or a caregiver. Storage is abundant thanks to an oversized 814 SF 3-car garage and two additional storage areas. Low HOA fees include RV, boat, or trailer parking. The location provides easy access to downtown Lyons, where you'll enjoy fabulous parks, trails, schools, restaurants, music venues, and RTD bus service. Lyons is a highly desirable community located near Boulder, Longmont, Fort Collins, Denver, DIA, and Rocky Mountain National Park. Contact us today for more information!