This exceptional Waterville property presents a rare blend of elegance, space, and versatility. With more than 6,300 square feet of beautifully updated living space, the home is ideally located just moments from Colby College, scenic nature trails, downtown amenities, and I-95. Designed for both entertaining and everyday living, this spacious Colonial features five bedrooms in the main residence plus a separate three-bedroom accessory dwelling unit built in 2008, offering flexibility for guests or additional living options. Inside, thoughtfully designed spaces include a private office, den, bonus room, activity room, and inviting living room with a propane fireplace. The spacious kitchen features granite countertops, an induction cooktop, dishwasher, and drinking water filtration system, flowing into the dining area with sliding glass doors leading to an expansive 40' x 13' deck. Enjoy your own private retreat outdoors with a heated in-ground pool, hot tub, and beautifully landscaped grounds. The oversized deck overlooks the peaceful yard, creating the perfect setting for outdoor dining, entertaining, and relaxation. Quality craftsmanship is showcased throughout with soaring ceilings, intricate moldings, built-in bookcases, and solid birch flooring. Modern conveniences include efficient heat pumps and an attached three-car garage. Recent improvements include fresh interior paint, a new hot water tank (2026), updated first-floor half bath, new gutters, heated front entry steps, and additional exterior stair improvements. Rarely does a home offer this level of space, flexibility, and comfort in such a desirable location. This remarkable property provides an exceptional opportunity to enjoy the best of Waterville living.