Offering nearly 8,000 total sq/ft, incredible views, nearly half an acre of land, and ample parking. This property has multiple end uses. It currently functions as a nightly rental duplex and has great rental history. It offers the flexibility to live in one side, rent one side, or rent both sides to comfortably host 28 guests!
Other potential uses include a high end contemporary remodel (Drawings available), the ability to potentially develop into a one of a kind estate, or subdivide into multiple homes and/or apartments. The site is not historic and therefore no preservation standards apply (HR-1 zoning does apply to the new construction). With new construction homes (next door) selling for over $5M and close proximity to the new Kings Crown development, this truly is a unique opportunity to create and customize your dream destination. Bring your developers, re-modelers, or one of a kind end user! Remodel drawings are a concept and potential use. The property is being sold as-is.
Currently, rental income is nearly $200,000!
For rental projections based on the renovated units, click below: