Whether you're seeking a peaceful island retreat or dreaming of full-time island living, this exceptional property on Peaks Island is a must-see! This unique spot features three buildings: a charming main house and two versatile outbuildings. One outbuilding is currently being used as a vibrant, insulated & electrified art studio, while the other holds endless possibilities as an insulated & electrified bunkhouse, woodworking shop, musician's retreat, or future ADU. Step into the main house and discover a cozy living room on your left, complete with a Woodstock soapstone wood stove to keep you warm. To the right is the first-floor bedroom featuring newly installed, gorgeous hardwood flooring. Between the two rooms is a large, updated bathroom. Off the living room is an eat-in kitchen with a mudroom and a side entrance from that area. Upstairs are two rooms: a nice sized bedroom and another room, which could be another bedroom, office or second living room. The ADU has two rooms: 14x16 and 8x10 and was built to hook up to water/septic and was wired to hook up to baseboard heat (or a propane rinnai which comes with the property). The Art Shed is 10x16 and beyond adorable. Special features include insulation upgrades, a woodstock soapstone woodstove and outdoor shower. The home is situated on a beautiful, wooded lot just a 20 minute walk from the ferry. You are surrounded by woods and preserve land and fantastic bird watching. You are close to the ball field, the island school, biking, swimming and the beach. Magical days and nights await. Imagine the lifestyle you could create here. Don't miss your chance to experience the magic of island living.