Unique Fredericksburg Retreat! This listing is truly one of a kind. Originally a cozy three-bedroom, two-bath home, it has been thoughtfully expanded with a spacious additional living room, dedicated office, an extra bedroom and bath, plus a flexible bonus space - bringing the main home to over 3,000 square feet of living space. What makes this property stand out even more is the attached barn conversion. The structure is already heated and cooled and equipped with a kitchen, living, bedroom and bathroom and offers an additional 1,172 square feet. There is an additional half bath and flex room just awaiting a buyer's finishing vision to bring it fully to life - ideal for extended family living, guest accommodations, studio, or workshop space. The property also includes a popular one-bedroom, one-bath short-term rental generating approximately $44,000 annually, offering immediate income potential! Outside, the acreage is set up for true hobby-ranch living with established pens suitable for goats, sheep, and even a horse, along with a chicken coop - a great setup for anyone wanting animals, gardening, or youth agricultural projects such as 4-H. Set on five peaceful acres just three miles from Fredericksburg, the property lends itself beautifully to multigenerational living or a family compound-style arrangement, offering a rare blend of flexibility, privacy, and opportunity while maintaining a residential feel.