Beautiful Italianette-style property, beach waterfront across the street from Weather Watch Park near Alki Point on Beach Drive. Protected views (no one can build in front of you!), superior design and decor, perfect for luxury duplex or owner occupant, home-based occupation, live/work or hold for future development (mixed use zoning) or guest home (Airbnb or Vacation Rental by Owner). Perfect location for upscale office, artist, short or long-term luxury rental. New corner store legislation allows for a variety of retail or home-based business ventures or just live in this amazing trophy property. Huge two-car garage currently used as art studio or build up for more usable living space and square footage. Located in a small enclave of commercial and residential zoning, along with L3, this property presents a multitude of opportunities. Was zoned and used as a triplex, currently can be a duplex or used as one elegant home or live/work opportunity (Neighborhood Commercial.) Bathrooms have marble, granite and sandstone walls and floors, plus amazing carved marble and granite fireplaces and granite counters up and downstairs, along with a total Viking appliance package in main floor Tuscan kitchen. Previous owner used upstairs as an amazing Master Suite with wine bar and jetted tub, or continue current use as a second Airbnb unit. This is a very versatile property for anyone looking for a1031 property or for future development.