Charming and versatile Saranac Lake home offering the perfect blend of comfort, space, and income potential. Ideally located within the Village of Saranac Lake, this well-maintained property features an updated above-grade living space plus a beautifully finished lower level, providing additional room for guests, a home office, or recreation. The main level offers a bright and functional layout with multiple living areas, a well-appointed kitchen, and spacious bedrooms. The finished lower level expands the home's flexibility with additional living space, office/bedroom options, and laundry. A standout feature is the detached garage with a 1-bedroom apartment above--ideal for generating rental income, hosting guests, or creating a private workspace. Whether you're looking for a primary residence with added flexibility or an investment opportunity, this property delivers. Situated on a quiet street just minutes from downtown shops, restaurants, and outdoor recreation, this home provides easy access to everything the Adirondacks have to offer. Don't miss this unique opportunity to own a multi-functional property in one of the region's most desirable communities. Listing agent is related to the Seller.