Description

NEW PRICE!Historic Spanish Estate Offering Multi-Generational Living & Supplemental Income in Bluff Park!Rarely does a property offer the space, privacy,& flexibility today's buyers are seeking.Nestled in the heart of Bluff Park, this beautifully preserved Spanish-style estate is legally a fourplex but lives like a private family compound, with a spacious main residence complemented by three separate guest homes surrounding a charming central courtyard. The expansive 4-bedroom, 2.5-bath main home serves as the heart of the property, featuring a fireplace, HVAC, whole-house stereo system, private laundry, a two car garage,& secluded patio with built-in seating and BBQ, perfect for gathering with family while maintaining privacy. Surrounding the main residence are three beautifully updated 1-bedroom, 1-bath homes, with dedicated office space, private patios, updated kitchens & baths, & hardwood flooring. Whether accommodating extended family, or long-term guests, the layout provides an ideal blend of togetherness and privacy. For buyers searching for the feel of a grand single-family residence, this property offers the best of both worlds.Enjoy the lifestyle and presence of a private Spanish estate while benefiting from the flexibility of 3 additional residences that can generate supplemental income, offset ownership costs,or provide housing for family members. It's an increasingly rare opportunity to own a property that functions like a luxury single-family home while creating built-in financial advantages.Meticulously maintained with over $700,000 in renovations and improvements, the property has undergone extensive upgrades, including updated plumbing, electrical, HVAC systems, windows, landscaping, patios, garage reconstruction, and seismic retrofitting, while carefully preserving its original Spanish character through restored hardwood floors, custom built-ins, crown molding, and architectural details.Additional features include 4 garages with built-in storage, multiple private outdoor spaces,& a beautifully landscaped courtyard with fountains that creates a true sense of community while allowing each residence its own privacy.Located on a picturesque tree-lined street directly across from Trolley Park and just two blocks from the beach, this exceptional property offers a lifestyle that is increasingly difficult to find a private family estate with the flexibility to accommodate multiple generations, generate income, or both. A truly unique opportunity!