Privacy, versatility, and unforgettable views come together at this exceptional 5-acre retreat just outside Decorah on hard surface. Tucked into a thoughtfully landscaped setting surrounded by mature trees, this private oasis takes full advantage of the seasons with soaring valley views and an abundance of windows that bring the outdoors in. Nearly 4,000 square feet of finished living space offers five bedrooms, a spacious study, large main-floor primary suite, abundantly sized kitchen featuring maple cabinetry, and a complete second kitchen in the lower level. Comfort and efficiency are built into the property with geothermal heating and cooling plus in-floor heat throughout the main and lower levels, garage, and detached shop/studio. Outside, enjoy the views from the deck or patio, make use of the established horse pasture, spend time in the garden, or head to the heated shop featuring a half bath and separate studio—an ideal setup for a workshop, hobbies, home business, creative space, or potential separate unit. Adding another layer of flexibility, the main and lower levels are currently utilized as successful short-term rentals, offering the next owner the opportunity to continue generating income, create separate living quarters, or simply enjoy the entire property as one remarkable home. Acreages with this combination of privacy, views, space, efficiency, income potential, and proximity to Decorah are hard to duplicate. Note: Property to be survey/divided to create 5 acres m/l