Set on 12.5 peaceful acres and abutting the Palermo Preserve, this 2-bedroom Cape presents a project property with exceptional land and location. The home is in need of significant renovation, and the heating and plumbing systems are currently not turned on. Buyers should expect to complete repairs and updates throughout. The setting is the standout feature. The property offers close access to a well-maintained trail system leading to the Sheepscot River ideal for hiking, birdwatching, or quiet time in nature. The land includes open fields, rolling woods, fruit trees, a sunny garden area, and approximately 153 feet of frontage on the West Branch of the Sheepscot River, creating strong potential for homesteading, recreation, or future improvements. Additional features include an attached one-car garage with direct entry and a shed for storage. Located on a paved public road with convenient access to Augusta, Belfast, and the Midcoast, this property is best suited for buyers looking for a renovation opportunity who value privacy, acreage, and a rare natural setting.