$1,950,000

This restored 1928 Spanish private estate features 5 bedrooms, 5 Baths, 10' & 9' ceilings, and an upper lanai which overlooks a beautiful private pool and courtyard, two legal separate guest villas & a 2-car garage. This tropical landscaped property features Chicago brick pathways and courtyards, with extensive landscape lighting illuminating towering palms, gardens and 9' high bougainvillea-draped perimeter walls â€' the perfect compound for entertaining family and friends. The two separate villas, each with their own perimeter wall gates and entrances, offer significant short-term rental income potential of $125-150k per year or more, or separate home office, and/or Mother-in-Law or Au pair quarters. This beautiful, historic Northwood property is a must-see for families or investors.