Charming historic bungalow offering a rare opportunity in the heart of Biltmore Village. Per ceiling height limitations, the home is recorded as 163 SF of heated living area; however, the main level provides approximately 404 SF of additional non-HLA space resulting from slanted ceilings. The lower-level unfinished basement further enhances the property's potential with a separate exterior entry (not accessible from main level) and provides a highly versatile space ready for your vision. Whether used as a studio, workshop, fitness room, or generous storage, the possibilities are wide open. Recent 2026 updates include new flooring throughout and new windows in both the bedroom and living room, bringing in natural light while enhancing comfort and efficiency. The bedroom has new sheet rocked walls, and new floor joists-offering a solid and a clean slate for your finishing touches. What about the potential for a stackable washer/dryer on the main level behind the entry door, allowing the lower level to remain fully flexible? For those seeking even more creativity on the lower level, consider adding a partition wall in front of the toilet, incorporating a compact kitchenette, and reimagining the space into distinct living, sleeping, and entertaining zones. This is a property full of character and opportunity-ideal for buyers who appreciate historic charm paired with the ability to customize and improve over time. Unbeatable location places you directly in Biltmore Village, just moments from healthcare, restaurants, shopping, and everyday amenities.