Rare opportunity to own a versatile property offering space, flexibility, and income potential in the desirable Chino Gardens neighborhood! Situated on nearly 1/2 acre with no HOA, this beautifully updated property features a 4-bedroom, 2-bath main home with a fully finished, climate-controlled bonus room, creating an incredible amount of functional living space. This home also features a detached 1-bedroom, 1-bath guest house. Roof is less than a year old!Originally remodeled in 2018, the main home blends timeless character with modern updates, including an updated kitchen with abundant cabinetry, refreshed bathrooms with granite countertops, recessed lighting, durable flooring, and a cozy painted brick wood-burning fireplace. The garage has been thoughtfully converted into a true fourth bedroom, while the expansive climate-controlled bonus room provides endless possibilities as a second family room, game room, home office, homeschool room, fitness space, or entertaining area. The bonus room is not included in the assessor's recorded square footage but offers valuable additional living space. The detached guest house is complete with its own kitchen, living area, bedroom, and bathroom, ideal for multigenerational living, visiting family, a private home office, or potential rental income.Outside, you'll fall in love with the park-like setting. Mature shade trees, a fully fenced backyard, artificial turf, multiple outdoor gathering areas, and plenty of room for gardening, pets, RV parking, or future projects create a peaceful retreat rarely found in town. A storage shed provides even more functionality.BRAND NEW carpet will be installed July 10, making this home even more move-in ready.Conveniently located in south Chino Valley with quick access to Highway 89, Prescott, schools, and shopping, this property offers the perfect combination of charm, flexibility, and opportunity.