Discover the charm of the prestigious Golden Rectangle in Carmel-by-the-Sea! This enchanting, updated cottage boasts two master suites, ensuring utmost privacy and comfort and a flexible space ideal for a child's room or home office. Each room features its own private deck, bathing the space in natural light, and is complemented by a detached garage and ample driveway with capacity for three guest vehicles. It is just steps from downtown Carmel and a short walk from the famed Carmel Beach. Esteemed Carmel schools, Carmel Plaza, Sunset Center, Carmel Mission, and Mission Trails Park are all conveniently close. Positioned on a large, oak-filled lot, this home offers additional water credits for the potential construction of extra bathrooms or accessory dwelling units (ADUs). Preliminary concept plans and elevations for a new building allow you to craft your ideal residence or transform the existing cottage into the quintessential Carmel retreat. Seize this exceptional opportunity!