$1,399,000 - 2004 Chestnut Avenue 1, Austin

Welcome to the Cherrywood Compound — a rare opportunity in the highly sought-after 78722 zip code. This unique property features two units and a private pool, offering exceptional flexibility for multi-generational living, guest accommodations, or investment potential. Beyond the gated entry, you’ll find a resort-style outdoor space complete with an in-ground heated pool, gas fire pit, and generous deck areas ideal for lounging and outdoor dining. The main home spans 1,825 sq ft and includes 3 bedrooms and 3.5 bathrooms. The open-concept layout showcases a stainless steel kitchen with a large center island that flows seamlessly into the living and dining areas. The home offers two primary suites, as well a third spacious bedroom and full bathroom, and a second-floor balcony overlooking the pool. The detached 569 sq ft casita includes two 1 bedroom and 1 bathroom suites, each with private entrances, providing flexibility for guests, a home office, studio, or additional living space. Additional features include a finished attached garage, covered parking pad, and ample off-street parking. The property is fully enclosed with a privacy fence, creating a true urban retreat. Perfectly positioned between Manor Road and MLK, enjoy walkability to award-winning restaurants including Este, Salty Sow, Bar Toti, Sour Duck, and Fabrik, along with convenient access to the University of Texas football games, Moody Center, and downtown Austin. No short-term rental restrictions. Seller open to selling fully furnished, offering a potential turnkey opportunity.