We proudly present a truly exceptional property that integrates the charm of a historic home with significant investment potential. Situated on an expansive 1.73-acre lot and conveniently located minutes from I-84, this property offers a rare combination of sophisticated residential living and commercial zoning with potential for income generation. You will appreciate the proximity to downtown Caldwell, where you can enjoy premier dining and entertainment at Indian Creek Plaza, in addition to being less than 20 minutes from Idaho's renowned wineries. Key features include a generously sized living room, 5 bedrooms and 3 bathrooms, a modernized kitchen, and a magnificent backyard complete with an extensive concrete and paver patio, a swimming pool, and a dedicated pool house, creating an ideal setting for seasonal leisure and entertaining. Furthermore, the property offers potential rental income through the lease of the rear portion for commercial purposes (currently zoned C-3). Whether your objective is to reside in a beautiful home or to secure a high-performing investment, this property represents an unparalleled opportunity. The city has designated the future land use as Urban Neighborhood, which would permit the rezoning of the entire parcel to C-1 and allowing you to split the back yard area into another parcel. Opportunity awaits the visionary.