Lafayette home for sale on a large, wooded lot is ready for luxury renovation to make it the jewel of the neighborhood. Located within walking distance of Lafayette Reservoir at the end of a shaded cul-de-sac, approx. one acre of flat, buildable space is surrounded by hills dotted with oaks. An approx. quarter acre flat picnic spot sits atop eastern portion of the 5.17 acre +/- parcel and enjoys panaramic views of west Lafayette and Orinda. Primary dwelling constructed in 1939, renovated in 1948. Since then, upkeep has been minimal and structural integrity requires renewal. Small artist studio/playhouse behind main house in similar condition, as is detached two car garage separated from the house by a covered breezeway. Extensive tree and brush clearing recently completed in the hills surrounding the home. The lateral sewer line has been inspected and scheduled for repair. Remainder of structural and cosmetic renovation left to buyer. Offered as-is.