A Developer's Delight! A prime development opportunity in the Historic Belmont Area. A non-conforming house that can be torn down to build a large, custom home, or an HPR. This buildable 0.32-acre site offers excellent potential for new construction. This property is nestled in a walkable neighborhood with easy access to popular areas such as 12 South, Hillsboro Village, Music Row, The Gulch, Belmont University, Vanderbilt University, and easy access to the interstate. It also boasts the potential for excellent views, you can see downtown! This blank slate comes with a demolition permit already secured for the existing home. Working closely with the Metro Historic Commission, we've outlined the potential for a new structure with a footprint of approximately 1800 square feet, a two-story main block, and a finished basement, along with a single-level extension, totaling approximately 6084 square feet. This design also includes a three-car garage and a 700-square-foot DADU (Detached Accessory Dwelling Unit). The lot has 80 feet of frontage along Ashwood Avenue and convenient alley access at the rear.