Price Improvement! Exceptional properties in the Porter's Landing area of Freeport rarely come to market, so you do not want to miss this one. Perched near the Harraseeket River in a neighborhood of historic homes, this property offers so much. The original main house, likely built in the late 18th or early 19th century, retains its classic beauty, stately proportions, and restrained colonial style right down to the fan carving above the front door. Inside, many of the wonderful original features such as wide plank floors, graceful center stairs, and elegantly carved mantels and molding now accent carefully restored modern living spaces. Old and new exist in lovely harmony in this home. The kitchen is spacious and open while a former home office can swap in for a pantry. The living areas are both light-filled and cozy with fireplaces or woodstoves. The house provides plenty of space for multiple uses with its open foyer, five bedrooms and four and one-half bathrooms, with a modern rear addition designed by a leading Maine architect. With ample room for guests or extended family, the generous back wing would be a great in-law suite, home office, or possibly an Accessory Dwelling Unit. The garage currently serves as an artist studio with glass doors to let the sunshine in. Outside, there is abundant space for raised flower and vegetable gardens in the brick courtyard and plenty of room for more gardens or play areas in the field behind. Across the street is a large pond filled with wildlife, which doubles as a neighborhood ice-skating rink in the winter. Around the corner is the public landing where four-masted schooners were once built, and neighbors now kayak, swim and even clam alongside great blue herons. This wonderful, extremely well-built home has housed many over the generations, from ship-building families, to poets, to modern artists. Call today for a showing!