Bring your builder and unlock the potential at 26 East Elizabeth Street! Nestled in the heart of The Village of Skaneateles, this charming colonial presents a rare opportunity for visionary buyers. Whether you're looking to restore its original charm or start fresh with a new build. The current structure offers 1,309 feet, 2-bedrooms and 1.5-baths. The approved new build would offer 2,267 square feet 2.5 baths! This property has a spacious 0.28-acre lot, offering endless possibilities. This property comes with a full set of architectural plans designed by a local architect Bob Eggleston. And includes all the transferable approvals to build a brand new 2,400 square foot home, which offers 4 bedrooms, 2 full baths, and a powder room on the main level. With an attached garage! Located within the Award-Winning Skaneateles School District, you're just moments away from the lake, shops, and restaurants—making this an ideal investment for those seeking a prime village location. This is your chance to bring new life to a classic home or create something entirely new in one of Central New York’s most desirable communities. Don’t miss out—schedule a viewing today!