WATERFRONT with deepwater access from Rachel Cove - a protected and picturesque bay off Town Cove. This lovely, expansive Cape was built in 1995 on a private, bucolic 1.23 acre lot and has been lovingly maintained ever since by the original family. Large, welcoming foyer features raised-panel wainscoting, and warm, maple flooring which continues throughout the main living area. Transom windows maximize the natural light and add a touch of historic architectural charm, as do the cedar shake roof shingles, built-ins, and colonial brick fireplaces found in both the living room and home office. Generously sized bedrooms and three full baths offer flexible configurations to accommodate a variety of living needs, including a first-floor en-suite, choice of two second-floor en-suites, and separate entrance and staircase access to one en-suite if desired. This home is PERFECT for outdoor entertaining with its two low-maintenance decks overlooking the large, private backyard which slopes gently down to the water, where you can launch your kayak or paddleboard. Other features include a 2-car garage, irrigation, outdoor shower, first-floor laundry room with sink, invisible fence, ... and storage galore, including a walk-in cedar closet. NEW 5-bedroom septic being designed with consideration for a pool. Bring your designer and imagine how your updates can make this quality-built waterfront home your Cape Cod dream oasis!