Exceptional investment prospect in the heart of South Yarmouth! Situated on a desirable corner lot, and ample parking on Alder Ln., this property offers incredible potential just 0.3 miles from the highly sought-after Parker's River Beach--known for its warm Nantucket Sound waters, summer concerts, playground, and snack bar. The existing cottage being sold as is offers a starting point with recent kitchen updates including newer countertops and appliances, but the true value lies in the potential to renovate, reimagine, or rebuild in this sought-after coastal neighborhood. Moments from local's favorite Skipper's Chowder House, and close to everything that makes Cape Cod summers unforgettable with easy access to area amenities, shops, and seasonal attractions. Whether you're looking to restore, reimagine, or rebuild, this is a rare chance to secure a property in a vibrant coastal neighborhood with strong upside potential. This property is all about location and opportunity.