Perfectly situated in the heart of Falmouth Heights, this 3-bedroom, 1-bath home on 0.34 acres presents a rare opportunity to create your dream coastal retreat. With direct frontage on picturesque Little Pond, you can enjoy peaceful mornings in a truly serene setting. Whether you envision a stylish renovation, a new construction, a relaxed summer getaway, or an income-producing investment, the possibilities are endless. Connected to town sewer and offering strong rental potential, this property is a true gem in one of Falmouth's most desirable locations. Proposed building and site plans have been drafted, so one can envision the true potential that this unique property has to offer. It's an easy stroll over to Bristol Beach, Falmouth Heights Beach, and Falmouth Harbor--or to catch the Island Queen Ferry for a day on Martha's Vineyard. Take a short ride to downtown Falmouth to shop or dine at your favorite restaurant. Head out on your bike to the nearby Shining Sea Bikeway where you can spend the afternoon riding from Woods Hole to North Falmouth and beyond. Whether this will be your full-time residence or summer escape, this home is ready for new owners to embrace the best that Falmouth has to offer from this sought-after location.