Classic Eastlake charm meets exceptional investment potential in this iconic 1912 Craftsman, ideally located just moments from Lake Union, South Lake Union, Downtown Seattle, and the University of Washington. Rich with timeless architectural character, this traditional single-family home offers rare flexibility with a lower-level second living space and detached studio cottage—ideal for multigenerational living, a guest suite, home office, creative studio, or rental income. Whether you are looking to restore a classic Seattle home, renovate, expand, or maximize its income-producing potential, the opportunities here are endless. Original character and beautiful bones provide the perfect canvas to create something truly special. Situated in one of Seattle's most sought-after neighborhoods, enjoy a vibrant, central lifestyle with neighborhood favorites including Serafina, Armistice Coffee, Pete's Market, waterfront parks, kayak launches, and the Lake Union trail system just moments away. With convenient access to major employment centers, public transit, and some of Seattle's best dining and recreation opportunities, this is a rare opportunity for homeowners, investors or developers to own a piece of Seattle history in one of its most desirable neighborhoods. Endless possibilities. Exceptional location. Welcome Home!