Set on the banks of the Presumpscot River in the heart of Falmouth's sought-after Flats neighborhood, this classic 3-bedroom shingle-style cottage offers a rare chance to own a truly special waterfront property. Enjoy sweeping views across the river and front-row seats to stunning sunsets—all from the comfort of a dramatic living room with cathedral ceilings and floor-to-ceiling windows. The main level offers a first-floor bedroom and a full bath, ideal for easy single-level living. Upstairs, a primary bedroom with full bath and additional bedrooms provide plenty of space for guests or family. A finished lower level with tile flooring and a third full bathroom offers flexible space for recreation, storage, or expansion. A detached two-car garage adds convenience and functionality. Fresh interior paint and select updates provide a great starting point, but this home also presents a unique opportunity for someone with vision. Whether you choose to enhance the existing cottage or reimagine the site entirely, the setting is truly extraordinary.