Opportunity knocks in the heart of Magnolia! Privately set back from the main road, this charming property is full of potential. Whether you're looking to renovate the existing home, build your dream home from the ground up, or explore adding a DADU for additional living space or rental income, the possibilities are endless. Inside, a bright and inviting living room welcomes you with beautiful hardwood floors and a cozy electric fireplace. The dining room flows seamlessly into the kitchen and adjacent family room, creating a spacious, functional layout ideal for everyday living and entertaining. Down the hall, you'll find three bedrooms, including a primary suite with an ensuite bath, along with a full bathroom featuring a classic clawfoot tub. The unfinished 700 sqft basement provides abundant storage or the opportunity to expand the home's living space. An attached one car garage with alley access offers convenient off street parking. Outside, the expansive yard is a private oasis filled with mature trees, vibrant landscaping, and lush foliage, offering room to relax, garden, or pursue future development opportunities. All in an unbeatable location just minutes from Magnolia Village, Discovery Park, local dining, and with quick access to downtown Seattle. Whether you're searching for your next home, investment opportunity, or the perfect lot to bring your vision to life, this is a rare chance to create something special in one of Seattle's most sought after neighborhoods