A rare opportunity in the heart of Prescott: a fully rebuilt Mountain Modern residence designed as two complete homes under one roof. Reimagined from the foundation up by a licensed general contractor, this 1950s property now offers true dual-living flexibility--each level functioning as its own private residence with full kitchens, full laundry, and separate entrances. Whether you envision a multigenerational setup, a high-performing Airbnb, a mother-in-law retreat, or a luxury two-house compound, this property delivers unmatched versatility.Set in one of Prescott's most beloved walkable neighborhoods--just steps from the historic town square--this elevated retreat blends timeless charm with bold architectural sophistication. Surrounded by pines and framed by panoramic mountain views, the two-story, 5-bedroom, 4.5-bath home offers more than 1, 500 sq. ft. of newly built living space seamlessly integrated into the original footprint.Dual-Residence Living (The Ultimate Flexibility)Two fully equipped kitchens and two full laundry rooms--ideal for multigenerational living, long-term guests, or income-producing rentalsLower level features its own private entrance, garage access, and a hidden flex room perfect for a theater, studio, gym, or creative spaceThoughtfully designed to function as two independent homes or one expansive luxury residenceInterior HighlightsGourmet commercial kitchen with GE Monogram appliances, 48'' built-in refrigerator, dual oven with skillet & wok, custom soft-close cabinetry, and a waterfall quartz islandVaulted ceilings, skylights, and dual-pane windows fill the home with natural lightThree fireplaces--two electric and one wood-burning--add warmth and ambiance16-ft sliding glass doors open to a stunning deck for seamless indoor/outdoor livingOutdoor OasisTwo-story stone composite deck (2414 ft) with sweeping mountain viewsFully fenced backyard--private, pet-friendly, and perfect for entertainingNew paver driveway, walkways, patios, landscaping, and drip systemComprehensive RebuildEvery major system and surface has been replaced, including:All-new electrical, plumbing, HVAC, roof, garage door, flooring, cabinetry, fixtures, and appliancesFully permitted and rebuilt by a licensed general contractor for long-term peace of mindElevated Comfort & StyleSpa-inspired bathrooms with oversized jacuzzi tubs and designer tileRefreshed staircase with new carpet, skylights, and windowsPrime Walkable LocationLocated in the Historic Park District--one of Prescott's most sought-after neighborhoods--just a short stroll to restaurants, shops, parks, and trails. Lincoln Elementary, one of the area's top-rated schools, is also nearby.A One-of-a-Kind Dual-Home RetreatThis property fuses historic charm, modern luxury, and true two-residence functionality--a rare combination in downtown Prescott. Whether you're seeking income potential, multigenerational living, or a luxury retreat with room to grow, opportunities like this simply don't come around twice.Schedule your private showing today.