515 Greenwood Ave

Step into a rare opportunity to restore a true piece of history in the heart of downtown—this stately Peay family home (1929–1954) sits on nearly an acre of flat, treed grounds and offers grand old-world character with modern potential. Soaring high ceilings and a dramatic foyer set the tone, while the front bedrooms feature 10-foot-tall windows and original early-20th-century glass and elegant fireplaces that exude regal charm. A cozy living room with built-in shelving and its own fireplace leads to an inviting living room, and the expansive dining and kitchen areas are primed for a show-stopping renovation—imagine a custom chef’s kitchen, butler’s pantry, and sun-drenched entertaining spaces. The lower level, accessed via a side entrance, includes an additional bedroom, full bath, fireplace, and abundant storage, and an attached one-bedroom apartment (previously rented for $800/month) offers rental income or flexible guest quarters. The backyard is a private oasis with mature and fruit trees, a new play set, and a storage shed. Heating is currently by radiators and boiler (no central air), and the home is livable during phased renovations—bring your vision and craftsmanship to revive this elegant historic residence into a spectacular showpiece. Home will only go conventional/cash.