Located in the basement, but no space is shared with the home owners. There is 1 other rental in the basement that will only sleep 2. But still offers TONS of room. It has 2 separate bedrooms joined with your private bathroom. Bedroom 1 has (2) queen beds and bedroom 2 has (1) queen and (1) twin. The rooms are large and each have a large screen TV. Also a full Kitchen & the large commons area offers a ping pong table, air hockey table, games galore, fireplace, piano and a big smart TV.