Welcome home to 7 Summit Terrace, a colonial house with an Accessory Dwelling Unit in the countryside of Falmouth. This spacious home offers a total of 6 bedrooms, 4.5 baths, and plenty of living space designed to meet all your needs. The main house has 4 bedrooms and 2.5 baths. The finished basement presents a versatile space that can be transformed into a comfortable guest suite or an expansive bonus room, complete with a full bathroom, washer/dryer, wet bar and patio. The property also features a one-bedroom apartment above the garage, equipped with all the modern amenities, including a full bathroom, kitchen heat pump, washer, dryer, gas fireplace, large deck, private carport, and a separate entry. This apartment currently has a tenant, generating $1,600 per month (utilities included, except for propane). Set near the end of a peaceful dead-end street, this home is just minutes away from Portland and within the Falmouth school district. You'll love the updated features, including new granite countertops, hardwood flooring, luxury vinyl plank in the kitchen, updated full bathrooms in the main house, fresh paint throughout the main house and porches, and updated landscaping. Enjoy the cozy new gas fireplace and the convenience of generator hookups. For outdoor enthusiasts, the proximity to North Falmouth Community Forest trails offers endless opportunities for recreation. With its family-friendly community, ample acreage, an Accessory Dwelling Unit and all these enhancements, 7 Summit Terrace is truly a rare find in Falmouth. Don't miss the opportunity to make this exceptional property your home.