Charming mountain log cabin set on two town lots on Silver Street, just moments from Pete's Lake and surrounded by beautiful mountain views. Originally built in 1945 and relocated to Lake City, the home was fully remodeled in 2001, blending historic character with modern comfort. The single-level main residence offers approximately 833 sq. ft. with 2 bedrooms and 1.5 baths, featuring vaulted tongue-and-groove ceilings, a mix of hardwood and carpet flooring, electric baseboard heat, and a cozy propane fireplace in the living room. Step outside to enjoy the partially covered front deck—perfect for taking in the scenic surroundings. Additional highlights include a detached oversized two-car garage built in 2021, along with a separate studio-style dwelling complete with a ¾ bath, efficient Rinnai heater, and in-unit washer and dryer—ideal for guests or rental potential. Conveniently located within walking distance to downtown Lake City, you'll have easy access to local restaurants, shops, trails, the Lake Fork of the Gunnison River, grocery store, Mountaineer Movie Theatre, and the Lake City Community School. Zoned Limited Multi-Family, the property allows for short-term vacation rentals, making it a fantastic opportunity for both personal use and investment. Buyer to verify square footage.