Nestled in the Chehalem Mountains AVA on 10+ acres, this versatile estate offers privacy, views, and strong income potential just minutes from Newberg and Willamette Valley wine country. The property includes a 3 bed, 3 bath main home and a detached 2 bed, 1.5 bath guest house. The pool house is currently being converted into a third self-contained residence with kitchenette, living area, and bedroom-scheduled for completion prior to summer-adding even more flexibility for multi-generational living or rental use. Outdoor amenities include a pool, wraparound covered patio, multiple decks, and landscaped grounds ideal for entertaining. A successful short-term rental with strong history, this property offers immediate income potential along with options for retreats, events, or boutique hospitality. Approximately 4.5 south-facing acres are well-suited for vineyard development. Additional features include a shop, basketball half-court, marketable timber, and ample parking. A rare opportunity for investors, multi-generational living, or those seeking a wine country lifestyle.