Offered for the first time in nearly 50 years, this well-maintained Cherry Hill home presents a rare opportunity for both owner-occupants & builders seeking long-term potential in one of Seattle's most desirable in-city neighborhoods. Perched above a tree-lined street w/territorial views, the property is situated on an expansive 7,680sqft NR3-zoned lot, offering tremendous redevelopment possibilities while also providing a peaceful, park-like retreat. The home features red oak floors throughout the main level, Honduran mahogany doors & trim, coved ceilings in the living & dining rooms, a gas fireplace & abundant natural light. The flexible floor plan includes 2 bdrms on the main floor, 2 add'l bdrms on the lower level, & a spacious upstairs primary suite w/mini-split A/C & lovely views overlooking the beautifully landscaped backyard. Paver stone walkways, raised garden beds, mature plantings, & a pollinator pathway along the north sidewalk create a serene setting nestled beneath the trees. Additional features include a one-car attached garage & numerous significant capital improvements completed over the years, including drainage & sewer lines (2000 & 2012), copper water lines, updated electrical panel/wiring (some knob & tube remain), retaining wall replacement (2022), new roof & picture windows (2022), exterior paint (2024), & gas hot water tank (2024). Sold As-Is, this is an exceptional opportunity offering both immediate livability & future upside in the heart of Seattle.