Builder and investor alert. Set on a sprawling corner lot zoned Low Density Multiple Residential, this property offers a rare blend of immediate livability, future development potential, and the kind of outdoor space that is increasingly hard to find. Offered with architectural plans, preliminary site plan, draft permit package, and supporting geotechnical and engineering reports for six proposed townhomes while retaining the existing residence, the groundwork has already been laid for a compelling infill opportunity. In the meantime, the existing rambler with daylight basement setup to live like a duplex provides more than two thousand four hundred square feet of versatile living space. Light-filled interiors feature hardwood floors, generous living and dining areas, a spacious and updated kitchen with six-burner gas range. Lower-level mother-in-law suite for income potential. Primary suite opens directly to an expansive deck overlooking the property's lush, park-like setting. Roaming backyard with raised garden beds, open lawn areas, outbuildings, and abundant room for gardening and play. Whether you are a builder evaluating the site's development potential, an investor seeking a project with strong upside, or a buyer looking for space to cultivate gardens and enjoy a more self-sufficient lifestyle, this property offers uncommon flexibility. Easy access to Highway ninety-nine, shopping, dining, and Meadowdale Beach Park. Offers immediate enjoyment and long-term potential.