A 7,600 sq ft waterfront lot (40' x 190') with ideal depth to support 4 half-duplexes across 2 buildings. A rare, view-optimized parcel that slopes toward the water, offers the potential for multiple residences to capture water views. BONUS #1: The site unlocks bonus 0.3 FSR at minimal cost: $6,837 for an extra 2,280 sq ft @ $3 psf. 1.0 FSR - allowing for four 1,900 sq ft residences or customized unit mix. BONUS #2: Permit in 4-6 months (COV Combined Permitting). Tucked away on a no through road, the setting is remarkably calm and quaint. Steps from the property is the walking and biking path, with the water just beyond it. Lovely homes on either side. Drive by to appreciate the location.