This is a corner, oversized lot at 0.48 acre on the quiet, back side of the island, but conveniently located within walking distance of Front Beach, IOP shops and restaurants, and the IOP Connector. This gorgeous lot features numerous mature oak trees, multiple hardscape patios/sitting areas and well designed and maintained landscaping. Possible views of Hamlin Creek with an elevated home. There is a substantial building envelope amidst the trees, where the current house and yard sit. Lot is on septic system but can be tapped into sewer just across the street. This would allow for new construction of up to 7000 sqft with plenty of room for a pool and outdoor entertaining area.There is a beautiful, impeccably maintained home home on the property but the lot sits a bit low. It would be a wonderful place to live as it is now! Listed at lot value for builder -- or buyer who might want to raise the house. Zoned SR1.