Rare opportunity to own a truly special property priced well below assessed value! Set on an expansive waterfront lot with gorgeous views, this beautifully crafted Cape offers character & potential, whether you're looking for a forever home, vacation getaway, or investment opportunity. Step inside from the welcoming farmer's porch to a spacious, sun-drenched interior. The dramatic cathedral-ceiling living room is anchored by a stunning fieldstone fireplace & features a balcony overlook, hardwood floors, & oversized sliders that open to a generous waterside deck-perfect for entertaining or simply taking in the beautiful views. The inviting kitchen features custom cabinetry and a built-in executive workspace. The adjoining great room offers water views & direct deck access for easy indoor-outdoor flow. A full bath with laundry completes the first floor. Upstairs, you'll find two bedrooms, including a primary suite with double closets & a second bedroom with a walk-in closet. An impressive bonus room offers endless possibilities. Beyond the main home, a charming year-round guest house sits on the far shoreline, offering privacy & flexibility. It includes an open-concept kitchen/living area, full bath, and bedroom-ideal for visitors or in-laws Quote will be available for lily pad mitigation to improve waterfront access and enjoyment. Showings start Friday 8/22 by appointment & Open House Saturday 8/23 from 1:00 to 3:00.