Escape to privacy and serenity in this charming country cottage set on 40 acres with no HOA. This adorable and well-maintained home offers convenient single-level living with 3 bedrooms and 1 bathroom, featuring new high-end Pergo laminate flooring throughout and tile in the mudroom and bathroom. Warm and inviting touches include a pellet stove and solid knotty alder doors. The kitchen, bathroom, and laundry area were thoughtfully updated in 2023, and the home includes newer appliances including a washer, dryer, refrigerator, and range. New fencing and gates were also added. The property offers approximately 10 acres of farmable ground, with the remaining acreage consisting of scenic hillside and mountain terrain. Additional features include a large Quonset building, storage sheds, a private well, and 3.5 water shares, providing excellent flexibility for agricultural use or recreation. A dedicated garden area adds to the property's charm and self-sufficiency. Ideally located near Caribou National Forest and Emigration/Strawberry Canyon, you'll have easy access to year-round outdoor recreation including snowmobiling, hunting, hiking, and ATV/UTV trails. Bear Lake's North Beach and boat rentals are just 15 minutes away, offering endless summer fun on the water and sandy beaches. Jackson Hole and Yellowstone are within a scenic three-hour drive. Whether you're seeking a private retreat, short-term rental opportunity, or full-time residence, this unique property offers endless possibilities.