Builder & investor alert. Set on a sprawling corner lot zoned LDMR, this property offers a rare blend of immediate livability, future development potential, and the kind of outdoor space that's increasingly hard to find. Offered with architectural plans, preliminary site plan, draft permit package, and supporting geotechnical and engineering reports for six proposed townhomes while retaining the existing residence, the groundwork has already been laid for a compelling infill opportunity. In the meantime, the existing rambler with daylight basement provides more than 2,400 square feet of versatile living space. Light-filled interiors feature hardwood floors, generous living and dining areas, a spacious & updated kitchen with 6-burner gas range and flexible lower-level spaces ideal for a home office, recreation room, workshop, or additional storage. Primary suite opens directly to an expansive deck overlooking the property's lush, park-like setting. Roaming backyard with raised garden beds, open lawn areas, outbuildings, and abundant room for gardening and play. Whether you're a builder evaluating the site's development potential, an investor seeking a project with strong upside, or a buyer looking for space to cultivate gardens and enjoy a more self-sufficient lifestyle, this property offers uncommon flexibility. Easy access to Highway 99, shopping, dining, and Meadowdale Beach Park. Offers immediate enjoyment and long-term potential.