Discover a rare chance to create your dream home in one of Lake Forest Park's most desirable little pockets! Portions of the home have been updated (new PEX plumbing through entire home, re-exposed & refurbished beautiful hardwood flooring) and parts have been brought down to studs (i.e. kitchen area, main floor bathroom, etc.) & are ready for your vision. Main entrance opens into the front family room. Main level features 2 bedrooms and 1 full bath. A short half-flight rises to the primary suite (bedroom + ensuite bathroom) plus utility room. Separate stairs lead up to a bonus room (playroom/office/storage). Finished daylight basement (with egress) serves as the 4th bedroom. The home is thoughtfully set back on the quater-acre lot. For a buyer looking to maximize value, the backyard provides outstanding potential for a small DADU; imagine a charming cottage (buyer to verify zoning & permitting) or keep things simpler with a personal fitness space, home office or shop-garage space. The site is clean, well-maintained & ready for work to begin. Perfect for an investor, builder, or handy buyer to finish transforming this property. This inviting neighborhood radiates pride of ownership, with cute homes & a strong sense of community. Walking distance to excellent Shoreline District schools, & a quick drive to grocery stores in all directions, parks & everyday conveniences.