Rare downtown Issaquah development site with income already in place. 10,045 SF (0.23 ac) flat, build-ready corner parcel with multiple points of access — maximizing buildable area and parking while limiting setback loss. North lot cleared after the 2024 windstorm. No clearing cost. Site plans by Box & Gable Architects (Jan 2026) confirm two paths, each delivering four doors with parking and a required affordable unit: build four new homes with garages, or retain the existing residence and add three.The 1923 home has been fully re-imagined. 2 bed / 1 bath, 730 SF. Quartz waterfall peninsula, white shaker cabinets, subway tile, stainless LG appliances, marble-look bath with matte black Moen fixtures, wide-plank LVP, ductless mini-splits in nearly every room. Front home only 2025 appraisal: $904,000. It operates today as a Guest Favorite, Superhost-run short-term rental — 4.96 across 51 reviews, a perfect 5.0 for location, zero reviews under three stars. Detached game room, hot tub, fire pit, cedar-fenced yard. Pet friendly. Income covers carry while you design and permit. Two-minute walk to historic downtown dining, shops and galleries. Park across the street. Ten minutes to trails and the zoo, thirty to skiing, fast I-90 access to Bellevue and Seattle. Issaquah School District. Build it. Hold it. Or hold and build. Buyer to verify zoning, feasibility, costs and values independently.