Welcome to the iconic Alvarado Historic District in Central Phoenix. This historic estate built in 1915 sits on an oversized 11,783sf irrigated lot with a fully renovated 4 bedroom/2 bathroom main house with parlor room and exterior access to 3-room basement with cistern, a remodeled 480sf 1 bedroom/1 bathroom guest house with walk-in closet and trap door to cellar, and 2 oversized garage bays each fitting 2 smaller vehicles or a large vehicle with plenty of room for storage. Set back from the street with a large grassy lawn and paver driveway with electronic gate, this two story property has been brought back to life with a complete interior and exterior custom renovation including new roof, central air conditioning, new electrical, and plumbing while it's historic charm has been... ...painstakingly preserved with the expert refinishing of the original hardwood floors, restoration of the original windows with refinished casings and new glass, and rebuilt doors and hardware throughout the home. Paint colors were chosen to create a calming and soothing environment from the brick exterior of the home, throughout the formal living room with feature fireplace, the parlor room with original picture rail moulding, the formal dining room with access to the chef's kitchen, both downstairs bedrooms including the master with two owner's closets and a spa bath, guest room with full guest bathroom, and the two upstairs bedrooms. Built for entertaining, the Wolf 6-burner plus griddle range and Sub Zero built-in refrigerator and freezer complement the raw wood shelving and quartz counters with built-in outlets and exposed brick backsplash and large pantry leading to double Anderson doors to the backyard with paver seating area, professionally landscaped with new drip irrigation, and access to the guest house with eat-in kitchen and living area, bathroom, large bedroom and oversized walk-in closet with trap door to cellar, a historic legend during prohibition. With raised garden beds in the back and room for a private pool, this estate with private guest house will make the perfect downtown getaway for visitors, family members and AirBnB guests alike. Custom features include the expertly designed master bathroom with stone flooring, glass walk-in shower and cast iron soaking tub with a brushed stainless finish, private toilet room and custom designed cabinetry and lighting throughout as well as the well cared for and preserved original plaster walls and renovated staircase with custom carpet, stair rods and clips and custom wood work. With a rich history, the story of this estate has been told through the year plus renovation combining fashion, function and a little bit of fairy tale magic as the new home owners will enjoy life in iconic Los Olivos. Within walking distance to restaurants, shopping, the light rail, the Heard Museum, the Phoenix Art Museum, Downtown Phoenix law firms, schools, employment opportunities, and major sporting events - this one of a kind estate, on this one of a kind street, has an unbeatable location and a century old charm that has been revived, renewed and exceptionally well presented.