The 1,730-square-foot colonial at 202 M Street in South Boston is so close to the shoreline that most of its six rooms have water views. The spread, which dates from 1905, is on the market now for $1,899,000.

It’s charming in itself. But as the Front Page Realty listing notes, the size of the corner lot upon which the house sits—nearly 4,500 square feet—makes the whole shebang a choice redevelopment opportunity. A tear-down waiting to happen? Stay tuned.