Opportunities like this don't come along every day! Situated on four acres in the heart of Milbridge, this distinctive property offers unobstructed views of Narraguagus Bay from nearly every room, historic charm, and exciting possibilities. With generous acreage, a convenient in-town location, and Village Mixed Use zoning, the property offers potential for a variety of residential or commercial uses beyond the existing home. Built circa 1878 and known as the Alonzo R. Small House, this stately Victorian-era sea captain's home is rich in history, craftsmanship, and architectural character. Prominent bay windows, original wood floors, decorative ceilings, beautiful woodwork, built-ins, a fireplace, and an antique cast-iron wood-burning cookstove are just some of the distinctive features that make this home so special. The spacious interior welcomes you with a grand foyer and offers formal living and dining rooms, a family room, great room, kitchen, and separate butler's kitchen. Upstairs, five bedrooms and a full bathroom provide ample living space, while a walk-up third-floor attic provides even more possibilities. Outside, the four-acre parcel features mature trees, fruit trees, open lawn, and a meandering stream along two sides of the property. The combination of acreage, natural beauty, and a location right in town creates a setting with plenty of room to envision something special. Cherished for generations, this historic home is ready for its next owner to bring fresh ideas and personal touches. The asking price reflects the repairs needed, presenting an opportunity to enhance this remarkable property while preserving the timeless character and craftsmanship that make it unique. Whether you're drawn to the history, the unobstructed bay views, the four acres, or the possibilities for future use, this property offers a combination that's increasingly difficult to find along the Downeast Maine coast.