Not just a House. Not just Land. An Investment with significant Upside. Set on a rare 16,500 sq. ft. view property in sought-after Upper Lonsdale, this unique offering includes a completed preliminary subdivision application and an original West Coast Modern Post & Beam home ideally positioned on one side of the lot. The possibilities are numerous: retain and restore the existing home while creating a second lot, build a custom multi-generational estate, subdivide and sell the parcels separately, or develop two luxury residences. A significant advantage is that the existing home does not need to be demolished to proceed with subdivision, providing valuable flexibility and timing options. Live in the home, rent it to help offset carrying costs, or take the time to plan your next move. A rare combination of architectural character, development flexibility and future value. Live in, rent, restore or redevelop-multiple paths to maximize the potential of this exceptional property. Create your vision! (id:58554)