Priced to Renovate & Build Equity Fast .... the deal just got sweeter. Situated on 5.75 acres almost backing to Forest Service (USFS) land and near Box Elder Creek, this custom-built home offers privacy, space, and a truly unique layout. Located where Nemo Road meets iconic Waterwheel Lane, the setting is hard to duplicate. Built in 1992 and still owned by the original owner, the home was designed for function rather than modern trends, and features a unique raised-ranch layout. There are four bedrooms, with potential for a fifth; not all rooms have closets, but each level includes a den that works well as office or flex space. The main level includes a spacious primary suite with two walk-in closets, a sun-room off the large kitchen, dining room, main floor laundry, a mudroom, and generous storage throughout. There is amazing natural light; windows everywhere! The lower level features a bedroom, den, bath, and approximately 1,500 square feet of shop space with direct access to the garage. This is ideal for hobbies, wood working, a home business, or you could finish in the future for living space. Additional features include an attached garage, covered RV parking, wraparound decks, a few newer windows, and plenty of room to improve and make it your own. The electric heat is a super efficient radiant ceiling heating system. The home maybe is a bit unconventional, but the land, location, and potential make this a rare opportunity. Shared Road and Shared Well agreements may need to be created for the transfer of the property, and the seller does not have any direct knowledge of any potential flood insurance requirements. No FEMA documentation or elevation certificates are available from the seller. This property is close to USFS, ATV trails, snowmobile trails, Lead/Deadwood, and only about 6 miles from Nemo, which is everyone's favorite. Call today to schedule your private tour. Listed by: Amanda Kirschenman, Coldwell Banker 605-390-6070.