701 Elizabeth Street is an iconic, architecturally designed residence located at the highest elevation point in Old Town Key West, also known as Solares Hill. Designed by renowned architect Thomas E. Pope and built in 1984, this tropical home includes a beautifully updated 2-story residence including two bedrooms and two bathrooms, as well as an attached 3-story, one bedroom and one bathroom guest house with soaring 26 foot ceilings. If you anticipate having company, this home may work for you more than you can imagine. The legal three story guest house could serve as an excellent private suite for your company or an income producing rental. Everything is separated from the main part of the house so your company can come and go uninterrupted! Well sited on a corner lot, the exterior features tropical landscaping and lighting, a custom heated pool, IPE decking, an outdoor shower, and off-street parking. Enter the main home to discover an open floor plan highlighted by 10 foot ceilings, Dade County Pine flooring, large windows with louvered shutters, and the living and dining rooms are complete with views of the pool and garden. The open kitchen has custom cabinetry, updated fixture, and a user friendly layout. Just off the kitchen is a guest bathroom as well as a laundry room with its own entrance. Heading upstairs you will find the large primary room boasting 14ft Cathedral ceilings, a wall of windows with tree top views, and an updated primary bathroom. The second floor also includes the light and airy guest bedroom.