Charming Craftsman residence nestled in the highly desirable Banner Lava Cap area, offering a refined blend of timeless character and modern upgrades. This 3 bedroom, 2 bath home is ideally positioned with effortless access to some of Nevada County's most treasured outdoor amenities, including the scenic NID walking trail. Thoughtfully updated throughout, the home features a beautifully renovated kitchen and upstairs bath, upgraded windows that enhance both comfort and efficiency, and a newer septic system installed in 2022 for added peace of mind. The unique lower level maintains its original charm and offers private exterior access, creating an ideal setup for guests, a private studio, or flexible living space. With its multiple distinct entrances, the multi-generational layout provides incredible versatility and potential for a future ADU conversion. A detached garage provides ample storage or workspace. Located just minutes from downtown Nevada City and near local schools, this property offers an exceptional lifestyle defined by convenience, charm, and natural beauty. Buyer to independently verify all property information, including zoning, square footage, and local permitting or code requirements for potential ADU or rental use.