R2 zoning offers versatile living: a gracious private residence, a home with Airbnb units, or a B&B with owner-occupied quarters. Once the beloved Midsummer Night's Dream B&B, it's now a private home with 2 vacation rentals in a stunning detached annex. The main house (2,375 SF) features hardwood floors, a lovely living room with a fireplace, a parlor/game room, a formal dining room, a chef's kitchen, a laundry room, and a small office. Three luxurious suites are in the main home, with two more in the annex (1092 SF), each with a fireplace, spa bath, shower, and a private deck. An expansive, lush lawn with mature flowering trees and mountain views creates a peaceful and picturesque setting. Unbeatable location near theaters, dining, and all that makes Ashland magical. Off-street parking. Most furnishings included. An exceptional opportunity to live beautifully—and share it.