Rare find in Istres: a characterful residence of over 320 sq m offering significant potential, with land still available for development, two apartments already rented, and the possibility of creating several more (subject to planning permission). A unique opportunity for investors, property developers, or a large family home. A rare address. Panoramic views. An exceptional property... and tremendous investment potential. Facing the Étang de l'Olivier (Olive Pond), this elegant early 20th-century manor house offers 323 sq m of living space (276 sq m under the Carrez Law) on a magnificent 1,504 sq m plot, much of which remains usable. Beyond its remarkable charm, this property represents a true heritage opportunity. It will appeal to a family seeking a prestigious residence, as well as an investor or professional looking to capitalize on a rare asset. Formerly owned by René Leduc, a visionary engineer and pioneer of French aviation, this residence has retained all its authenticity. Its history is naturally intertwined with that of Istres and its aeronautical heritage. From the moment you enter, the charm is immediate: nearly 3-meter high ceilings, period cement tiles, moldings, generous proportions, and abundant natural light offer a timeless elegance. The ground floor features a spacious 20m² entrance hall, a 25m² living room with exceptional views of the pond, and a 16m² open-plan kitchen leading to a 20m² dining room, ideal for entertaining. The upper floors currently offer six bedrooms ranging from 16 to 20m² each, suites with shower rooms and 6m² bathrooms, a laundry room, and large spaces that can easily be reconfigured to suit different needs. Exceptional development potential: Beyond its inherent character, this property offers numerous possibilities for expansion: a 1,504m² plot, much of which is still usable, could potentially be divided into several apartments; Potential for the creation of approximately six apartments in the main house, depending on the chosen project. Two existing independent apartments of 25m² and 50m² already generate rental income; a large 20m² garage could also be converted into a studio or additional apartment, or the existing two-room apartment could be extended. Currently, the property already includes: an independent studio rented for €650/month; and an independent two-room apartment with a terrace and parking, rented for €850/month. These apartments can be retained to generate immediate income or integrated into a more ambitious real estate project. Outside, the flat, elevated plot offers an exceptional setting, allowing for the possibility of adding a swimming pool, panoramic terraces, a landscaped garden, or new construction, depending on the available options. Ideally located just a few minutes' walk from the center of Istres, schools, and shops, between Aix-en-Provence, Marseille, and Marseille-Provence Airport, this property combines a prime location, history, charm, and development potential. Amenities: Panoramic views of the Étang de l'Olivier (Olive Pond) and guaranteed tranquility. Early 20th-century manor house. Recently renovated facade. Water/air heat pump. Double-glazed PVC windows. Electric roller shutters on the ground floor. Large garage. Gated community with motorized gate. Canal de Provence. Energy Performance Certificate: C Nombre de lots de la copropriété : 6, Montant moyen annuel de la quote-part de charges (budget prévisionnel)(EAU ET CHARGES COPRO EXTERIEURS) : 1000€ soit 83€ par mois. Les honoraires sont à la charge du vendeur.This property is offered for sale via an INTERACTIVE CALL FOR OFFERS AT A PROGRESSIVE PRICE: the intentions to make offers to purchase will be received online on the Immofit. fr platform until the 11/01/2026 at 18h00 PM (Paris time zone).The price displayed in this listing corresponds to a possible first bid price and participants will be able to submit their bids in progressive minimum increments €8,000, until the closing date of the interactive call for offers to purchase specified above.Participation of candidates is subject to prior approval.All bids will be forwarded to the seller, who will be free to choose which bid to accept.An online offer to purchase during the interactive call for offers invitation does not constitute a firm and precise offer within the meaning of article 1114 of the French Civil Code.Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!
