This great home is on a quiet culdesac near downtown Templeton. Views to the south are wonderful, and the location is ideal for a primary residence or vacation rental! This rural location is two short blocks from the famous Templeton Park, Templeton Elementary, Middle and High Schools, 4 blocks from Main Street shops and restaurants and ½ mile from the medical district. The main living space is at street level, where you'll find a spacious great room, 3 bedrooms, 2 bathrooms and an extra family room. Off the main level is a large redwood deck with a gas grill, sink and plenty of room to entertain up to 30 guests. The large flag stone patio with planter includes a space ready to place a hot tub and there is more room for your pets or a garden! Below is a 420 sf fully improved studio with a kitchen and bathroom and the space opens out onto a privet deck, flag stone patio and fenced yard. A large shed provides plenty of storage space. This studio has a separate private entry from the side of the home. This completely separate studio has generated uninterrupted income for over 10 years providing a sizable offset to the mortgage.