Rare Opportunity ... 2 lots (totaling 3.55 acres) gentle and very usable, with ocean & mountain views, in the Cold Spring School District! Create a spacious compound or live on one lot and develop the other .... endless possibilities! Includes a slice of early California with an existing adobe hacienda with great-room floor plan sited for views to the harbor, ocean, islands, and mountains. Live here while building your dream home or compound; an ultimate retreat setting. Enjoy the ambiance of vaulted ceiling, living room with fireplace, open to the expansive covered veranda with city and ocean views for year-round gatherings. With 3 bedrooms and 2 baths, the primary bedroom suite, with stunning scalloped window detail and metal framed doors to the veranda and views, Traditional features including corner fireplaces, built-in storage, traditional painted tiles in the baths, and exceptional indoor/outdoor living. Other amenities include: a snuggly reading loft above the living room, a BBQ patio conveniently located off the kitchen, a wine cellar, fruit trees, a relaxing Koi-pond patio, and acres of serenity. Plus, many recent upgrades including new roof and AC. 231 E Mountain, 2.03 ac, hosts the Adobe Hacienda, and 229 E Mountain, 1.52 ac, is the adjacent vacant lot, being offered together to total 3.55 acres. Beautiful, gentle land, ample opportunity to live in adobe while developing your dream home.