This property is an absolute gem and a rare opportunity in a highly desirable dual-zoned location in downtown historic Hampton Falls, offering exceptional flexibility for residential living, income potential, or boutique commercial use. Ideally located just 3.5 miles from Hampton Beach and approximately 45 minutes to Boston, it’s an excellent option for commuters while still enjoying the charm of the Seacoast. Thoughtfully and extensively remodeled, the home blends modern finishes with major system upgrades, creating a turnkey property full of character and versatility. The beautifully renovated kitchen features new cabinetry, updated countertops, new flooring, sheetrock walls and ceilings, a propane gas stove with updated gas lines, upgraded plumbing, and a newer refrigerator. The main living and dining areas showcase stunning white oak flooring, adding warmth and timeless appeal, while a heat pump provides efficient heating and cooling for year-round comfort. Bathrooms have been tastefully updated with new flooring, fixtures, and a walk-in shower. Significant system improvements include replacement of most windows, updated plumbing, a modernized electrical system with a new panel and exterior generator hookup, and the complete removal of knob-and-tube wiring. A bright sunroom addition provides extra living space filled with natural light. Outside, the property has been enhanced with a paved driveway, retaining walls, paver walkways, landscaping, and patio areas—creating inviting spaces ideal for relaxing or entertaining. The basement has also been professionally improved with an interior French drain system, sump pump installation, water treatment system, repointed foundation walls, and updated HVAC controls for long-term peace of mind. A standout feature is the attached cottage offering approximately 825± sq ft of additional living space, complete with its own heat pump, kitchen, shower, updated appliances, carpeting, and a new roof.