Elegant Home With Exquisite Period Details And Gardens

Unique opportunity for a large home and developable property in highly desirable Five Points neighborhood, walkable to Downtown and greenways. Potential for medium density residential development, zoned RS8. This rare in-town parcel offers multiple paths for value: subdivide for cottages, or a few higher-end homes, or an enclave (subdivision registered with City, BUYER to verify). The existing home, lovingly restored by current owners, features high ceilings, heart pine floors, wood-burning fireplace in kitchen with five additional tile-front fireplaces. Beautiful period details throughout. Wraparound front porch that opens to a courtyard and large 2012 addition of family room and two bedrooms, including large primary suite. Lush landscaping and gardens abound. Legal homestay on main level grosses over $25,000 annually. Parcel below on Broadway (NCD zoning - same owner) can be sold separately or as a package (call for info). Shop lot to left of driveway (0.25 acre) included with this listing has now been officially subdivided and recorded (Bk 258, Pg 52). Home may be purchased without lot (see MLS 4299259). Currently working with City to rezone lot to RS8. Seller to retain shop use for up to one year.