Welcome to 243 Walnut Avenue in Palmer Lake! Palmer Lake is at the foothills of the Rocky Mountains and is surrounded by stunning natural beauty, with picturesque views of the mountains and access to outdoor recreational activities like hiking, biking, and fishing. This home embodies everything Palmer Lake has to offer especially in it's location. Near a park, pickleball court, trailhead, lake, shopping and restaurants just downtown. The views of the mountain and all the trees from this home is so peaceful and quiet. This historic home has all modern features and includes two private living spaces with fireplaces. Two updated kitchens, with gas stoves, two home office spaces or flex rooms, three updated bathrooms, two laundry rooms with storage and access to the backyard. Three bedrooms; two upstairs one has an on-suite bathroom. The main level has a bathroom, office and bedroom along with two living spaces, eat in dining area or a formal dining room. Upstairs also has an outdoor balcony attached as well. The upstairs kitchen has a brand new refrigerator too! This home is currently set up where the home owners live on the top floor while collecting additional income from tenants the main level. This floor plan has many flexible possibilities including a multi generational situation, full time rental, summer or winter home or your full time new life in Palmer Lake! Quick access to Hwy 105 and I25. Truly this is the cutest home and a must see in person!