This beautifully updated home flows into the original 1940's cottage maintaining all the charm of that era. The more modern ranch style addition (added in the 70's and updated since), has all the conveniences today's families need. This is a once in a lifetime opportunity to own a year round 2,400 sq ft home on one of the best trout fishing lakes in Southern Maine. This open concept ranch offers stunning views from practically every window. It features an updated kitchen which opens to a lovely living room w/dining area overlooking Pequawket Lake, and 2 large bedrooms and a large bath. As you walk through the door adjacent to the kitchen you'll find yourself in a room which features more gorgeous views and old fashioned wood ceiling and walls, all meticulously cared for. There is a separate bedroom and bath found here, as well! You could make it an in-law apt or rental, or just separate space for a larger family. The walk-out basement is fully finished under the main house with a huge brick fireplace. The large lot offers 100 ft of sandy beach where you can sit and watch the loons swim by with their new offspring. As your year-round home, you will have a whole house generator and an added gas fireplace in the cottage area to snuggle up to on those snowy nights. This is a wonderful opportunity to make a lifetime of memories. Close to shopping, 45 minutes to Portland, easy drive to N. Conway. Best of all, the year round peace and beautify of the lake.