Calling all builders, visionaries, and buyers looking to create their dream home in coastal Portsmouth! This rare half-acre lot offers space to grow and room to dream. Whether you're a classic car enthusiast, need boat parking, or envision a creative workshop with a studio above, 202 Old Mill Lane can deliver it all. The oversized two-car barn garage is perfect for sailboats, antique cars, or a makerspace. Above it, an updated studio provides flexible living ideal for multigenerational needs, guests, rental income, or work-from-home. As-is, enjoy parking for up to 10 cars or multiple boats. The studio includes a full bathroom, new flooring, appliances, mini-split HVAC, heavy insulation, PVC siding, updated electrical, GFCI outlets, and fire-rated drywall. A vacant buildable parcel with major upgrades already done. Permits available. ADU eligible upon establishing a primary residence. Four bedroom septic design on file with conceptual plans for a two-story, 3-bedroom home, and public water connected. Located near Indian Ave and Pebble Beach, this is a prime opportunity to create something special in a sought-after coastal neighborhood. Thoughtful groundwork already completed just bring your vision. Don't miss out!