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 Streets many shops and restaurants. A rare ownership and/or investment opportunity!