Bring your imagination, ideas, and idyllic dream house concepts to a North Wolfeboro 'ready to develop/restore' stately Colonial on 6.3 acres. Update this Cotton Valley original 1794 circa home & farmette, built by town founding settler John Chamberlain. Already filed 5 BR/ 5 Bath Architectural plans ( see FLOOR PLANS in DOCUMENTS) with 6 BR septic design to allow future ADU, permit pulled with demolition/construction work begun. Partially cleared & beautiful site with old stone walls, goat pen, and perimeter trail. This exceptional "Showcase Project” is ready to go and make it your own country estate! (Seller opted for alternate property in Wolfeboro so reluctantly selling off “dream project”.) Post & beam Barn also already designed for property and can be altered as ADU ready. Minutes to town center, docks, The Nick recreation center and all Lake Life has to offer. Short bike ride to Cotton Valley Rail trail. MUST BE ACCOMPANIED BY AGENT - DO NOT ENTER PROPERTY WITHOUT PRIOR ARRANGEMENT!