Big views, great light, open meadows, the settled vibe of an old farmstead, close to town: Phelps Farm's 1786 Cape is reputed to be one of the earlier houses in the area, on 3.49 acres, overlooking land subject to conservation easement. Ready for its next incarnation, the farmhouse has great bones, and could be reimagined into a new take on an old farmstead, capturing the spectacular site. The property is largely open meadow bounded by stone walls, gently sloping, at the end of a quiet town-maintained gravel road, with a stream running along one side. The site quality would support considerable investment with huge Eastern views to New Hampshire, with a hillside protecting the site from the west. There is an existing cabin and woodshop along with the original farmhouse, neither of significant contributory value. The location is adjacent to large conserved landholdings off Cox District Road, minutes to the Woodstock Farmer's market, 2.5 hours to Boston. Property is offered "as-is". Showings begin 10/28/22