An extraordinary opportunity to create one of Helena's premier legacy properties. This exceptionally rare 5.2-acre parcel in the coveted South Central neighborhood borders Mount Ascension and has preliminary city approval for a second residence, offering the potential for a spectacular custom home with breathtaking views, unmatched trail access, and walkable access to downtown Helena. With direct access to the Davis Street trailheads and the Little Moab Trail crossing the property, outdoor recreation begins right from your backyard. Tucked at the end of a private cul-de-sac, the existing 2-bedroom, 1-bath home was fully renovated in 2012 and has since been updated with a new combi boiler providing in-floor radiant heat and a brand-new roof. Enjoy the expansive back deck, 250 SF workshop/shed, treehouse, mature ponderosas, wildflowers, and views of the Sleeping Giant and Cathedral from the upstairs bedroom. Preliminary city approval has been obtained for a second residence, subject to final review and permitting, creating a rare opportunity to enjoy the property today while planning a future custom home. Don't miss this chance to build your dream home with 360-degree views at the base of Mount Ascension while owning one of the few properties in Helena that combines acreage, walkability, and direct trail access.