A rare Carmel opportunity--prime lot, unbeatable location and potential to own both parcels! Carmel has been ranked the #1 place to live in the US, and this exceptional property puts you right in the heart of everything that makes Carmel so desirable. Located directly across from the Carmel High School and within easy walking distance of the library elementary, restaurants, coffee shops, boutiques, breweries, art galleries...this location cannot be replicated! The true value of this property is the land and the opportunity it presents. The existing home, built in the 1900s, is being offered primarily as a redevelopment opportunity and may be completely renovated or removed to make way for a custom residence. Imagine creating a home designed specifically for today's lifestyle in one of Carmel's most walkable locations. Even more compelling, the adjacent lot at 320 2nd Street NE is also available for $675,000 creating a rare opportunity to purchase both parcels and create an exceptional combined homesite. With the two lots, the possibilities are endless-build a custom estate with outdoor living space, a pool, entertaining spaces and landscaped grounds or explore potential for additional residences and rental income. Both parcels may be purchased together. Buyers are encouraged to explore the possibilities with their architect or builder. Need a builder? We are happy to connect you with a trusted local professional to help bring your vision to life.