A rare private estate lot spanning over half an acre, tucked into a serene oasis in Wonderland Hill. With a spectacular setting and endless possibilities, this .56-acre property is available for the first time in three generations - offering a truly once-in-a-lifetime opportunity to create a custom private estate or develop multiple dwelling units. Ideally located near miles of open space yet just minutes from shops, restaurants and Downtown Boulder, the property offers the perfect balance of privacy and convenience. Silver Lake Ditch meanders through the grounds, creating a park-like setting with mature trees, mountain views and the soothing sound of running water - an extraordinary atmosphere found in few backyards. The original home is in need of a major remodel or could be scraped to make way for new construction; a demolition permit was previously approved. A detached cottage in very good condition provides flexible space for a guest suite, studio or home office. Bring your architect and imagination to this exceptional property. The rendering is an example of a new home that could potentially be built. Buyer to verify development possibilities with the City of Boulder.