Undoubtedly one of Excelsior's finest and most historic homes is now available for the first time in years. Perched above the shores of Excelsior Bay 262/264 Lake St also known as the Kalorama Cottage. It was Originally built in 1882 as a summer boarding house and was later converted to a duplex. Each side has a kitchen, living room, dining room, 3 bedrooms and a wonderful 3 season porch offering amazing views of Excelsior Bay. This home is number #12 on the list of Historic Preservation Landmarks and remodeling of the exterior will have to be approved by the Historic Preservation Commission Remodeling of the inside does not require approval from the Commission and the home could be converted to a single-family home if desired. Extensive remodeling is needed and most of the value is in the land.