This rare 2 bed, 2 bath condo in Boulder offers an exceptional blend of lifestyle, flexibility, and income potential. Set against a backdrop of sweeping mountain views, the home provides access to nearby trails, making it ideal for those who value outdoor living and year-round recreation. The property features both a private front yard and a backyard—an uncommon combination for condo living—creating multiple outdoor spaces to relax, entertain, or simply take in the scenery. A 1-car garage adds convenience and storage, while the absence of HOA dues enhances affordability and long-term value. Inside, the main residence offers a comfortable and functional layout with two bedrooms and two bathrooms, designed for easy living or hosting guests. Natural light and mountain views carry throughout, reinforcing the connection between indoor and outdoor spaces. What truly sets this property apart is the fully legal studio apartment with its own private entrance and full bathroom. This separate unit creates a unique opportunity for buyers seeking flexibility. Live comfortably in the main residence while generating income from the studio through long-term leasing or short-term rentals. With Boulder’s ongoing shortage of hotel accommodations—especially during high-demand events like Sundance—this setup positions owners to capitalize on premium rental rates and consistent demand. Whether you’re an investor looking for a dual-income property, a homeowner wanting to offset your mortgage, or someone seeking a multi-generational, medical care, or live/work setup, this condo delivers unmatched versatility. Properties combining no HOA, private outdoor space, garage parking, and a legally separate rental unit are exceptionally hard to find in Boulder. This is more than just a home—it’s a strategic investment in one of Colorado’s most desirable markets, offering both immediate lifestyle benefits and long-term upside.