homestead
noun [ C ]
US uk/ˈhəʊmsted/ us LAW, PROPERTY
property that is your permanent home and not a second home or property that you rent to someone else:
In some states your homestead can't be touched by creditors - no matter when it was purchased.
PROPERTY
a house and the surrounding area of land, usually used as a farm:
Developers are on the verge of taking over the family homestead.