A Rare Village Compound in the Heart of the Village of Rhinebeck. A truly special and rarely available offering in the Village of Rhinebeck, ideally situated on one of the village's most charming streets and just a short stroll from acclaimed restaurants, boutiques, farmers market, and schools. This exceptional village compound includes a thoughtfully renovated Arts & Crafts-inspired Cape Cod residence and a charming adjacent guest cottage, each on its own parcel, creating a rare opportunity to enjoy flexible village living. The main residence blends timeless character with modern comfort, featuring an open floor plan, radiant heated floors, a custom kitchen with premium Thermador appliances, Miele washer and dryer, custom built-ins, and a luxurious spa-inspired primary bath with a steam shower. The adjacent one level cottage retains its original charm while offering an updated bath, kitchenette, two bedrooms, abundant natural light, and private outdoor spaces. Currently enjoyed as a guest house for visiting guests and friends, it is equally well suited as a home office, artist's studio, yoga or wellness space, multigenerational living, or an income-producing rental. Beautifully landscaped grounds with private fenced gardens, mature plantings, bluestone patios, and raised herb gardens connect the two homes while creating an uncommon sense of privacy in the heart of the village. Whether you envision a private compound, a weekend retreat with dedicated guest accommodations, multigenerational living, or the flexibility to generate rental income, opportunities like this in the Village of Rhinebeck seldom come to market.