Unique investment opportunity in desirable Chelsea Heights! This beautifully updated split-level home sits on a corner lot and is being sold together with the adjacent lot, offering endless possibilities for expansion or development. With 5 bedrooms and 2 full baths, the main home features an open-concept upper level with a modern kitchen and sun-filled living areas, plus a lower level with private entrance perfect for multigenerational living or rental potential. The extra lot 671 N presents a rare chance to build a second structure a two-story home with bedrooms upstairs or to extend the existing property for even more space and value. A deck can also be added to enjoy water views, a quiet residential feel, and proximity to beaches, marinas, dining, and major routes. Whether you’re a homeowner seeking flexibility or an investor exploring development, this property delivers unmatched potential. Located near the best restaurants in town, with the beach 5 minutes drive and plenty of entertainment around the area. House is currently generating a strong short term rental income on Airbnb, perfect for investors or a buyer who wants to live where other vacation!