Welcome to 5 Phillips Road—a charming and well-maintained Colonial nestled on a beautifully landscaped corner lot in the desirable Falmouth Flats neighborhood. This light-filled 3-bedroom, 1.5-bath home offers a classic layout with thoughtful updates and timeless character throughout. Step inside to discover hardwood floors that run through the spacious first-floor living areas. The kitchen opens to a formal dining room with original built-ins, perfect for gatherings. A cozy living room with a wood-burning fireplace and an inviting family room provide ample space to relax and entertain. A convenient half bath completes the main level. Upstairs, you'll find three comfortable bedrooms and a full bath, all filled with natural light. Outside, enjoy warm summer evenings on the brick patio, ideal for grilling or unwinding in the peace and quiet of this established neighborhood. An attached one-car garage adds everyday convenience, and the location can't be beat—just minutes to the Casco Bay, downtown Portland, and all that Falmouth has to offer. Don't miss this opportunity to own in one of Southern Maine's most sought-after coastal communities.