Situated on a large waterfront corner lot on one of Alameda's iconic, picturesque lagoons, this gracious wood-shingle Craftsman triplex offers unobstructed water views, vintage charm and a convenient Bronze Coast location. A legal triplex, the property has verifiable past income from two second floor studios that include a kitchen, bathroom, bedroom and a separate entrance, with both offering lagoon views, access to basement laundry and the spacious shared backyard. The sunny main floor owner's unit has a living/dining room, 2 BR, 2 BA, a kitchen and in-unit laundry. A charming waterfront boathouse includes a kitchenette, BA and studio, making it ideal for artists, visiting guests, a workshop or home office. The recipient of an Alameda Architectural Preservation Society Award in 2022, this elegant home presents many versatile owner options; maintaining the home as an income-producing triplex, taking advantage of separate living spaces for multi-generational living, or potentially converting the home into an expansive single family residence. Located at the end of a cul de sac, the home is just minutes to South Shore Center amenities + convenient to the beach and Park Street's many shops and restaurants. A rare ownership and/or investment opportunity!