The Lookout exudes historic charm and is an exceptional licensed B&B with pool situated on tree-lined Poland Avenue in New Orleans' highly sought-after Bywater neighborhood. Currently generating approximately $125,000 in annual income, this distinctive property combines an established hospitality business w a spacious private owner's residence and could also be converted to a large single-family or multi-family home. The home welcomes you with an oversized front porch adorned w a classic lantern, perfect for enjoying the neighborhood's hip atmosphere. Inside are four large, fully furnished, whimsically themed guest suites, each approximately 500 square feet with a private bathroom, queen-size bed, and adjoining living area. Two suites are located on the first floor and two on the second floor. The owner's residence offers approximately 2,000 square feet with two bedrooms and two bathrooms, multiple living areas, and an entire second floor dedicated to the private primary suite. Thoughtfully designed with timeless architectural details and modern amenities, the owner's unit showcases beautiful wood floors and soaring, coved 12-foot ceilings. Set on an oversized 59' x 127' lot, the rear of the property is a lush, tropical-feeling private oasis, featuring an in-ground pool, hot tub, and cabana surrounded by mature greenery. The cabana includes a full bathroom, while an additional outdoor shower provides convenient access for pool guests. The property also offers a side yard, gated driveway, off-street parking for two, and a security system with cameras. A rare opportunity to own a piece of historic Bywater with established income, substantial owner's quarters, and the flexibility to continue as a B&B or transform into a private residence or multi-family home. Enjoy the vibrant Bywater neighborhood, walkable to world-class restaurants, cafés, bars, entertainment, Crescent Park, the French Quarter, and more. Perfect for owner occupancy and investment alike. Welcome home!