Pearlwood, a unique property encompassing two houses and two barns on 4.26 acres, awaits at 872 Sherwood Rd. Enjoy captivating lake views from this distinctive property. The guest house (920 sq ft) is not only completely renovated but also boasts a strong short-term rental history. Features like new insulation, refinished floors, and updated mechanicals and appliances make it a turnkey opportunity. The main house (~4,500 sq ft) is ready for restoration, offering a blank canvas to create your dream home. It has been gutted down to the studs, and many repairs have been made including replacement of electric service, floor leveling and addition of new supports in the basement. It features multiple fireplaces and expansive lake views. Situated just outside the village of Aurora, you'll have easy access to the spa, Cayuga Lake, and a convenient location between Auburn and Ithaca.