Charming three-story cottage nestled along Deer Creek just a short stroll to downtown Nevada City, the Tribute Trail system, local shops, restaurants, and the beloved Nevada City Farmers Market. This 2 bedroom, 2 bath home offers a rare combination of creekside privacy and in-town living. Enjoy peaceful views of the creek from the covered front porch, main level deck, and multiple outdoor sitting areas. Inside features include wood-beamed ceilings, a step-down living room with natural gas stove and stone surround, updated kitchen and bathrooms, steam shower, updated flooring, and a bright window nook. Upstairs offers two spacious bedrooms and a skylit bathroom. The finished lower level provides flexible space for an office, guests, or additional living area with direct outdoor access. Two off-street parking spaces, natural gas, and city utilities. Previously a successful vacation rental, this property offers both lifestyle and investment potential in one of Nevada City's most desirable locations.