This rare dual-use property offers a modern farmhouse and build-ready estate site on over 3 acres in Kenwood Valley. Located at the end of a quiet lane, this property combines flexibility and investment potential. The fully finished 2-bedroom residence is move-in ready and may serve as a guest house, caretaker’s unit, or income-producing short-term rental. Currently listed on Airbnb, it has demonstrated strong monthly income even after Airbnb and management fees. The property currently has an approved Transient Vacation Rental Permit for up to six guests (buyer to verify future permitting). Additionally, the property includes a level building pad, productive well, power, and a 4-bedroom septic system. Permit-ready plans by Hunt Hale Jones and Salt Shed for a 2,616 sq. ft. modern home are ready for approval through the Sonoma County Permit Resiliency Center. With infrastructure and entitlements in place, this is a turnkey opportunity in a desirable Wine Country location near Glen Ellen and Kenwood.