A once in a life time opportunity! Arguably, the best lot in Arlington. With 17,000+ sq ft of land, 100+' of direct Spy Pond frontage, spectacular views of Spy Pond, the Boston Skyline, the Fenway Park Blimp, planes landing at Logan and spectacular morning sunrises. Situated on a dead end street, steps from the Pleasant Street Historic District, the Town Center, shops, theaters and restaurants, and one block from the Alewife bus. Included with the purchase are a current, valid demo permit, a comprehensive site plan and design plans for a 5,000 s.f. home w/3 car garage.  If you prefer to use existing house, it offers charming 1916 construction and details, lots of windows, great views and the ability to add a large addition to the right side to create a fabulous 1st floor family room, with large master suite above, plus ample room for  a 2 car garage. If you plan to use, or renovate the existing house, please note that all utilities, including water and sewer have been disconnected.