The Town of Southern Pines has confirmed that this corner lot can be split into two additional buildable lots -- a rare, documented opportunity for a family compound, spec build, or income-producing investment in the heart of Downtown Southern Pines, steps from shops and restaurants. The existing home is a well-maintained 1920 Dutch Colonial Revival, thoughtfully expanded by Butler Constructs while preserving its original scale and character. The main floor flows naturally between a living room with vented gas fireplace, separate dining room, spacious family room, and a cook's eat-in kitchen designed by ASID designer Denis McCullough -- featuring eco-friendly countertops and Bosch appliances that remain with the home. A private main-floor office, a newer mud/laundry room, and a full bath complete the 1,431-square-foot ground level. Upstairs, four bedrooms, a bonus office nook, and a full bath offer peaceful, private space true to the home's 1920 character. A sketch is available illustrating the option to add a primary suite. Outside, a fully fenced patio and garden provide an exceptional, private entertaining space, and the oversized detached garage offers real potential as a workshop, gym, or studio, in addition to housing one car. Whether you're drawn to the character of the existing home, the confirmed development upside, or both -- this is a rare combination in Downtown Southern Pines. A recent home inspection is available with all minor repairs completed.