Stunning 5-bedroom Cape showcasing exceptional architectural detail and thoughtfully designed to maximize sweeping views of Cape Cod Bay and Provincetown in the distance. Located in Truro, one of the Outer Cape's most coveted and protected communities, the property sits minutes from both the Atlantic Ocean and Cape Cod Bay beaches. Set on over two beautifully landscaped acres, the property offers outstanding curb appeal with a circular driveway and professionally maintained grounds. The 2+ acre lot offers privacy, mature plantings, and room to expand, an increasingly rare find in an area where buildable land is nearly gone. At the heart of the home is an impressive living room featuring a floor-to-ceiling fireplace, cathedral ceiling, handsome built-ins, and hardwood floors. The first floor also includes a spacious eat-in kitchen, formal dining room, powder room, and a private primary suite with dual baths and walk-in closets. With over 5,400 square feet, the home offers generous, flexible living at every turn. The second floor is uniquely designed with two separate wings, each offering two bedrooms and a full bath, providing privacy and flexibility for family and guests. Above the two-car garage, a spacious art studio offers endless possibilities as a home office, wellness space, or guest overflow. Bordering the property to the west is land held by the Truro Conservation Trust, providing an added layer of privacy and a natural buffer that is not available for development. A rare additional opportunity exists with the adjacent 0.91-acre buildable lot at 10 Old Colony Way, available with first right of refusal at $650,000, allowing a buyer to expand the estate, create a compound, or secure additional land in a tightly constrained market for future generations.