Price reduced!! Major work has already been completed to restore this historic cape, leaving a blank canvas for your own finishing touches. A great opportunity for a first-home buyer, contractor, or investor (as there are no STR restrictions). Modern upgrades include new 200amp electrical service, new well pump, updated water lines, new electrics throughout, LED lighting, plumbing, bathroom fixtures, windows, insulation, sheetrock, and a new roof.With two ski areas within 5 minutes, this could be a great seasonal property as well. Just minutes from Waitsfield Village and conveniently located near both Mad River Glen and Sugarbush, you will enjoy easy access to hiking, biking, and skiing, with proximity to GMVS Ski Academy. Summer fun awaits at nearby swimming holes and golf courses. The Waitsfield Farmer's Market, shops, and dining are all within walking distance, creating the perfect blend of convenience and community. The 40' x 20' two-story barn is brimming with potential. It could serve as a workshop, studio, event space, or be reimagined into a guesthouse, rental property, or unique live/work space. The attached storage annex can be reclaimed as living space, but will require full renovation of the footprint of that addition. The property includes mature apple trees, established shrubs, and perennials creating a true Vermont country landscape. Come put the finishing touches on the renovation of this classic gem...offered "as-is."