A rare residential gem is located in charming Califon Boro, a town that inspired the classic movie 'It's a Wonderful Life.' Nestled in the heart of the historic downtown district on a private road, this thoughtfully expanded 1840 Colonial blends timeless character and modern comforts. The classic mahogany front porch-- complete with a bench swing-- sets an inviting tone for this vintage home. The restored exterior features quarter sawn clapboards sourced from Vermont. Lovingly renovated, picturesque, and meticulously maintained by its current owners, this treasured home is move-in ready. Natural light fills the first floor, where front-to-back sightlines create an airy, open feel from room to room. The updated eat-in-kitchen is a chef's delight, showcasing richly-toned cabinetry, granite countertops, stainless steel appliances and stunning antique River-Recovered® Heart Pine wide plank wood floors. The expanded dining room has French doors opening to a spacious deck that's perfect for entertaining amid the gentle sounds of a nearby stream fed from the Raritan River. In the living room, a substantial brick-surround pellet stove and custom built-in shelving add warmth and gracious style. The adjoining family room is a welcoming gathering place which also has French doors accessing the deck. Upstairs, the serene primary suite features vaulted ceilings, a cathedral window illuminating the space, ample-sized closets and a separate sitting area. A full bath with tub/stall shower, updated vanity and linen closet is located in between the bedrooms. The second bedroom retains its Colonial character, while the third bedroom, with French doors and an adjoining bonus office, could easily serve as a second primary suite. A walk-up attic provides useful storage, while the stone-walled basement includes a laundry area with washer and dryer, a work bench, abundant storage and direct walk out access to the backyard. Utilities include two-zone heating and central air, public water and a brand-new three-bedroom septic system. Manicured grounds envisioned by landscape designer Shannon Savage feature a side yard oasis with mature plantings, a hardscaped stone patio, fire-pit, oversized stone steps and an enchanting garden shed. The terrific location allows easy access to the local general store, conveniences in downtown Califon and scenic trails. This updated Colonial affords a friendly small town lifestyle with great schools, including the National Blue Ribbon Voorhees High School, whose accomplishments have been noted in publications including U.S. News & World Report, New Jersey Monthly, Newsweek and The Washington Post.