A modular dwelling is disclosed that includes a dwelling unit, a rectangular base, four exterior walls extending from the base to the roof, and at least one entrance through one of the exterior walls. The dwelling unit also includes a utility zone disposed above the base, a residential zone disposed above the utility zone, a storage zone above the dwelling zone, a mechanical zone above the storage zone, and lifting devices in the mechanical zone adapted to raise and lower furnishings between the storage zone and the dwelling zone. Preferably, the modular dwelling includes multiple dwelling units arranged side by side and/or stacked vertically.