Nestled in the gateway to Litchfield County in New Milford, opportunity isn't just knocking-it's shouting from the rooftop! Perched on a sprawling, nearly acre lot, this single-level home w legal FULL accessory unit is a diamond in the rough ready for your transformative touch. Step inside to a spacious, open-concept living, dining, and kitchen area, with windows in all the right places - ideal for entertaining! Practically laid out kitchen, is primed for an easy upgrade (peninsula/overhang). The generously sized primary bedroom has its own separate entrance & shares a full bath with two additional bedrooms, all w good closet space. True gem lies below, mostly above grade w full size windows, and easily accessed via private slider. The eat-in kitchen has been partially removed, leaving the "guts" for a straightforward project. A separate living area and the flexibility for 1-2 BRs offer incredible income potential or multi-generational living. Outside, the verdant, expansive lot provides endless possibilities for al fresco dining, a fire pit, lush gardens, and ample parking. Recent upgrades (per a 2015 listing) include a newer roof, siding, septic system, and furnace. Conveniently located just off Rt 7, you're mere moments from myriad dining and retail options w easy access to abundant outdoor recreation, incl Candlewood Lake, Housatonic River, and dozens of miles of hiking trails. With a little polish, this one will shine - an unmissable opportunity to build equity!