1366 Pinecrest St, Olla, LA 71465

Property Description

Rare Income Producing Opportunity! This incredible property features two fully independent homes on 1.5+/- Acres - perfect for savvy buyers looking to "house hack" or host multigenerational families with true privacy. The main residence is accompanied by a completely separate ADU. Both structures feature entirely separate utility hookups and meters (water, gas, electric). Live in one & let the other pay your mortgage using FHA or Conventional & VA favorable rental income allowances. If you've been dreaming of a property where you can garden, raise chickens, welcome extended family or create potential rental income, this unique property deserves a look! Situated in a private setting on 6 lots, the property includes a 1,465 HSF, 3-bedroom main home PLUS a separate 571 HSF, 2-bedroom/1-bath dwelling. The main home has numerous improvements including new electrical wiring, windows, drywall and insulation, plus updated HVAC. Inside you'll find both a living room and den, with a wood-burning fireplace with blowers in the den. The kitchen features granite countertops, gas stove, deep stainless sink with water purifier and a custom butcher-block island. All appliances plus washer & dryer will remain. Outside, the homestead possibilities really shine! There's a large garden plot, greenhouse and chicken yard, along with plum, peach, fig, pear and apple trees, muscadines, grapevines, magnolia and pecan trees. The double carport includes a freezer room with 2 freezers that remain, plus a heated and cooled storage room. 2 RV spots w/ water are also on the property. The charming second home was rewired approximately 5 years ago, and includes 2 bedrooms, 1 bath and washer/dryer. All appliances and window units remain, including a large heating/cooling unit plus the front porch swing. Located in Olla between Monroe and Alexandria, near Kisatchie National Forest. Two homes, acreage, privacy and established homestead features—all in one property. Schedule your tour today!