Estate Property or Development potential. This magnificent property has it all! 1 acre of land, ocean view, privacy, park-like setting. Originally built as a log timber-framed luxury home, has been expanded to include another 1600 SF + a 2-car garage & workshop + separate Studio/Carriage house. Timber logs that frame the home are up to 60′ long. Oak floored kitchen has built-in gas oven & broiler in a large granite wall feature. Wood burning stove keeps the kitchen toasty warm. Living room features floor to ceiling granite fireplace with sea fossils inlaid in the rock. A PLA is in place for 5 lot subdivision. Plan is to have 2 Lots off Pelican way, main home on one lot off Medd with a new garage & driveway to be built, & to renovate the Garage/Suite into separate residential home plus 1 remainder lot fronting onto Medd Rd. The 2nd building is a home in itself, features its own kitchen, living room, 2 gas fireplaces & family room. Needs a little TLC. Msmts approx. verify if imp.