Unique Opportunity for large home and developable property in highly desirable 5 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 5 additional tile-front fireplaces. Beautiful period details throughout. Wraparound front porch that opens to a courtyard and large 2012 addition of family room and 2 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) and can be sold separately or as a package (call for info). Shop lot to left of driveway (.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 w/City to rezone lot to RS8. Seller to retain shop use for up to 1 year.