Escape to your own private waterfront retreat! Situated on over 1 acre with frontage along the peaceful Wallace River, this inviting 3-bedroom, 2-bath home is currently operating as a successful short-term rental, offering both a relaxing getaway and excellent investment potential. The property is fully fenced for added privacy and security, with the exception of river access, making it easy to enjoy the water whenever you choose. Surrounded by mature fruit trees, berry bushes, and native plants, the grounds provide a serene setting where you can unwind and enjoy nature year-round. Spend warm summer days fishing, kayaking, or simply relaxing by the river, then gather around the firepit in the evening to roast marshmallows beneath the stars. A charming detached cottage at rivers edge offers endless possibilities and that could become a playhouse, hobby space, studio, or cozy retreat. Multiple outbuildings provide ample room for storage or workshop space, while the spacious lot includes convenient RV parking with room for all your recreational toys. Whether you're searching for a peaceful full-time residence, vacation home, or income-producing property, this rare riverside gem combines privacy, natural beauty, and endless opportunities for relaxation and recreation. Minutes to town, 30 minutes to skiing, lots of hikes within minutes or probably a dozen within 10 minutes. New Heat pump installed in 2021 and a home includes a whole-house water filtration system and softener.