This beautiful cape with a rentable in-law apartment is in a lovely and convenient South Freeport location that is a 5 minute walk to the water, 5 minute drive to downtown Freeport, and less than 25 minutes to Portland. The home offers a terrific layout, as well as the rentable apartment (with an additional 526 sq.ft. and 1 bedroom/1 bath) above the 2018 two-car garage. Step into the spacious mudroom that leads to the open dining room and renovated kitchen. With abundant counter and cabinet space, and a great peninsula, this is the perfect kitchen for the cook and entertainer. The first floor also has a living room with lots of natural light, a private room that is perfect for a guest room or den and a full bath. Come upstairs to three additional bedrooms and a second full bath. The bright apartment over the garage has a private entrance, an open living and kitchen area, one bedroom and a bathroom. Enjoy the backyard with a deck looking out to perennial gardens. There have been numerous improvements made by the current owners (see list of improvements.) If you are looking for a home in a great location with numerous amenities, including a separate living or workspace, come see this rare gem.