Nestled in one of Jackson's most established neighborhoods, this rare 0.34-acre parcel offers both charm and potential just blocks from downtown Jackson Hole. This oversized lot enjoys elevated neighborhood views, sunshine, mature trees within a spacious yard, and a quiet residential feel, while remaining within easy reach of dining and shopping downtown, and hiking and skiing in the nearby National Forest and Snow King Mountain Resort. The existing home blends a vintage 1930s log cabin with a later addition, offering three bedrooms, two baths, ample living space with a cozy wood-burning fireplace, three-season sunroom, attached one-car garage, and an unfinished basement with bathroom. Zoned Neighborhood Low Density-2 (NL-2), the site supports up to 6,000 sq ft of development, including one single-family residence plus an Accessory Residential Unit (ARU) of up to 500-800 sq ft. The property's unique position on two corners, with three access points, provides flexibility and creativity for future site design. Currently leased to professional tenants through May 2026, the property provides immediate income while you plan future renovations or redevelopment. With its central location, larger-than-average town lot (100' x 150'), and easy access without steep terrain, this property presents a unique opportunity to enjoy as-is, generate steady income, or create a new in-town residence within a coveted Jackson Hole neighborhood.