Outstanding opportunity to acquire a single-family home plus a large guest house--offering multiple income streams, ideal multi-generational living, or the perfect setup for an owner-occupant seeking additional space for a home office or private guest suite. Ideally located near the Biltmore area and Camelback Colonnade, with premier shopping, dining, and everyday conveniences just moments away. The main home preserves its historic turn-of-the-century charm while incorporating thoughtful updates, including a beautifully renovated kitchen, original hardwood floors, and a spacious, functional layout with three sizeable bedrooms and two well-appointed baths. The hall bath features a deep clawfoot tub and terrazzo counter, adding to the home's timeless character. The detached casita offers a full kitchen and generous living space, creating an excellent opportunity for rental income or extended-family living. A rare and versatile property in a highly desirable central location near downtown, uptown, and major freeway access. This property may be eligible for an Historic Property Tax credit, saving nearly 50% on property taxes.