Beautifully situated on a wooded knoll providing a serene setting overlooking the road, 243 Mitchell Road is an exceptional offering. With a stunning main home and a separate, year-round outbuilding there is a multitude of possibilities. The primary residence has been expanded and extensively renovated to offer comfortable and modern living. The first floor boasts a sunny eat-in kitchen with abundant windows, and is well-appointed with cherry cabinetry, double wall ovens, ample counter space, and a convenient walk-in pantry. The family room seamlessly flows from the kitchen. For more formal occasions, there's a dining room and a living room, with the living room featuring a beautiful fireplace and the dining room paneled with original interior doors from 1900, adding a touch of historic charm. Modern conveniences like a spacious tiled mudroom, first-floor laundry, and updated finishes ensure the home meets contemporary needs. The second level, with hardwood floors throughout, offers four spacious bedrooms. The primary suite is a private retreat, complete with a cathedral ceiling, walk-in closet, and a newly renovated spa-like bathroom. The third floor offers versatile bonus space, perfect for an office, reading room, playroom, or exercise area. A wrap-around porch is a nod to slower days of yesteryear, the perfect place to unwind and catch a cool breeze. A separate shingled outbuilding provides endless options: this versatile space could serve as an income-producing Accessory Dwelling Unit (pending town approval), a fabulous guest house, a remote office, or one could continue to run it as a preschool as it has been for over 85 years. With individual entrances to both the first and second floors, each level offers a spacious main room, a bathroom, and the first floor includes an office space. Situated on an acre of beautifully wooded land this property presents endless opportunities. This is a rare chance to own a piece of Cape Elizabeth history.