Not just a House. Not just Land. An opportunity with Upside. A rare, limited time, opportunity in Upper Lonsdale. Set on a 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 large lot, sell the second lot to help finance the restoration, build a custom multi-generational estate, subdivide and sell the parcels separately, or develop two luxury residences. Unlike most subdividable lots where the home sits in the center, offering no option but demolition to proceed, the existing home is already located on one side of the proposed property line, providing valuable flexibility and timing options. Live in the home, rent it to help offset carrying costs, or take the time to decide the best path.. With much of the preliminary legwork already done, purchasers have the opportunity to secure both future lots now at a price that is substantially below their likely combined value once the subdivision is finalized. A rare combination of architectural character, development flexibility and future value.-multiple pathways to maximize the potential of this exceptional property.