Beautiful, terraced property located just a 7-minute walk to the village of Fairfax and just a 15-minute walk to the trail head at Deer Park! This property has lots of potential for those who have the vision and means to repair and upgrade the house. Seller has just upgraded the electrical service with a new 200-amp panel and has installed a new Fujitsu wall mount mini-split heater A/C system. The house was originally constructed in 1909 with old-growth redwood timber. It features vaulted ceilings and a wood-burning stove. The tax records indicate that it is a 2-bedroom, 1.5 bath house. However, it currently functions as 1-bedroom, 1 bath house. We are providing 1) a property potential analysis from a local architect, 2) architectural conceptual plans to expand the current house and add a 1-bedroom ADU, and 3) as-is architectural plans that will facilitate the permitting process of the buyer's remodel project. According to Fairfax Planning, the lower level of the house can be converted to a 312 SF Junior ADU. The house needs a new roof, a new foundation, and a new lateral sewer line. Full disclosure package available with inspection reports and a contractor's estimate for the new foundation. All viewings by appointment only. Bring your General Contractor.