Currently configured as 3 separate living areas, this expansive home in Waimea's desirable Green Side neighborhood offers exceptional flexibility for those seeking rental income, the ability to offset ownership expenses, or abundant space for multiple uses. The configuration accommodates multiple living arrangements while maintaining privacy between spaces. Arguably one of the finest vantage points for Mauna Kea views in Waimea, breathtaking mountain vistas are showcased through large windows in both the upper & lower levels of the main residence. All units have private and separate entrances and are configured as follows: Detached Cottage A private 2 bedroom + loft, 2 bath with laundry, kitchen, & ground entrance. Upper Level Main Home 2 bedroom/2 bath; this bright living space offers vaulted ceilings, a full kitchen, open living and dining areas, oversized windows with amazing views, & a covered lanai. Lower Level Main Home A separate 2 bedroom/1 bath living area with kitchen space, open living and dining, a covered lanai, interior and exterior storage. While currently arranged as 3 distinct living spaces, the home can easily be returned to its original layout by restoring interior access between the upper & lower levels of the main residence, creating a spacious 4 bed/3 bath home totaling ~2,850 SF, complemented by the detached ~900 SF cottage. A new septic system was installed 2017/18. Entire exterior repainted April 2026. Properties offering this level of flexibility and income potential are increasingly rare in Waimea. With substantial interior square footage & multiple living areas, the property represents an exceptional value, particularly on a price per square foot basis. Whether utilized for multigenerational living, extended family & guests, or rental income-the possibilities are significant, making this a compelling offering in today's market.