Experience the best of both worlds with this gorgeous, extensively renovated cottage. This enchanting character residence has been impeccably and seamlessly blended with modern style and function, giving it the 'wow factor' in spades. Comprising of 2 buildings, the main residence includes 2 bedrooms, kitchen, dining and living rooms with the original polished floorboards and high ceilings featured throughout. The stunning bathroom reveals an exquisite leadlight window. The contemporary kitchen, with an abundance of natural sunlight, is undoubtably the beating heart of the home. Offering a variety of options for every culinary occasion with a freestanding wood stove, gas cooktop and electric oven, it also features a striking timber island bench/breakfast bar and a multitude of storage options. The kitchen flows effortlessly through the dining area to the charming lounge - a private and tranquil space that could act as a second dining area if desired. At the rear, perched proudly behind the main dwelling and its landscaped terracing, you will discover a studio/bungalow comprising of an additional 3 bedrooms and a delightful full-length verandah. Alternately this space offers a multitude of uses from additional living areas and games room to an artist's retreat. It is large enough to make self-contained and possibly convert to an AirBnB or long-term rental. The property is positioned on a peaceful, private block with the majority of the boundary fenced with sheets of galvanised iron. It has town water as well as a 25,000 litre water tank. Perfectly located in the rustic township of Pioneer just 16km away from the world renown Blue Derby mountain bike trails and Derby's trendy cafes and restaurants, minutes from Pioneer Lake and the popular Blue Lake, and 40km to the beachside towns of Musselroe Bay and Tomahawk.