An extraordinary luxury residential and development opportunity in the heart of East Delray Beach's coveted Lake Ida neighborhood. Set on approximately 3/4 of an acre, this rare corner parcel offers exceptional flexibility and upside, with the ability to subdivide into two separate lots--an increasingly scarce opportunity in one of Delray's most desirable enclaves.Whether envisioned as a private estate compound, a luxury multi-home development, or a strategic long-term investment, this property presents unlimited potential in a premier location surrounded by high-end residences and ongoing new construction.The existing estate includes a single-family residence with a separate, income producing 800 square foot poolside guest cottage with a kitchenette and separate Bedroom,