After 50 years in the same family, this beloved home is ready for its next chapter. Situated on over one acre on highly desirable Chelsea Drive in Edgecliff Village, this property offers a rare opportunity to create something truly special in one of the area's most coveted streets. Known for its wide streets, mature trees, and spacious estate-sized lots, Chelsea Drive is a location buyers wait for. The home itself will require SIGNIFICANT UPDATES AND REPAIRS, but the setting, lot size, & long-term ownership make this an exceptional opportunity for renovation or redevelopment. Whether you envision restoring its character or designing your dream home from the ground up, the possibilities here are remarkable! The original home is beautiful, warm & inviting! It boasts a huge open living room dining room space with original real hardwoods, & a large kitchen with breakfast nook & bay window! It features 3 spacious bedroom & 2 bathrooms. As you enter the front entryway, the Original Home is everything to your left & the Addition is everything to the right. Many years ago, an Addition was added with an enormous 2nd living area, oversized 4TH BEDROOM with serves as a 2nd master & a 3RD FULL BATH, creating a spacious Mother-in-law suite! The Addition is the main area in need of significant repairs. You could definitely live in the main part of the home while repairs are done to the Addition! The Lot is oversized & has plenty of room to add a pool, build bigger, or anything you can dream of! Properties on over an acre in Fort Worth rarely come available - especially with this kind of history and potential. Bring your vision and make the next 50 years just as meaningful. The property requires extensive repairs and updates and is being sold as-is, seller will make no repairs. This is an excellent opportunity for investors, builders, or buyers looking to renovate or build new in an established neighborhood setting. HOME IS PRICED ACCORDINGLY, PRICE IS FIRM.