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Versatile Waterfront Living on Round PondDiscover the perfect blend of lifestyle, flexibility, and income potential with this beautifully renovated and thoughtfully reimagined ranch overlooking picturesque Round Pond. Designed with versatility in mind, the home offers two separate living units, making it ideal for extended family, guests, or generating rental income. The upper level features two bedrooms, while the lower level offers a private one-bedroom living space, providing comfort and privacy for a variety of living arrangements.Enjoy peaceful water views from your home and embrace the Cape Cod lifestyle with your private dock, convenient kayak and canoe launch, and an outdoor shower for rinsing off after a day on the water. The property has a passed Title 5 septic system for three bedrooms, offering confidence for its next owner. Whether you're searching for a year-round residence, vacation retreat, or investment opportunity, this unique waterfront property delivers exceptional flexibility and value. Buyer / buyer agent to verify all information.

More Info

Basic Information

  • Gross Income $26,400
  • Lot Features Corner Lot, Wooded, Gentle Sloping
  • Mls StatusNew
  • Parcel Number M:0017 B:0001 L:00280136,2303149
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $817,600
  • Tax Year 2026
  • Taxes$4,685

Parking

  • Parking Features Off Street
  • Parking Spaces4

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms3
  • Full Bath2

Basic Information

  • List Price$975,000
  • MLS Number73559774
  • Modification Date08/05/2026
  • Property SubTypeMulti Family

Location

  • Address8 Theatre Drive
  • Building Number8
  • CountyBarnstable
  • StateMA
  • StreetTheatre Drive
  • TownFalmouth
  • Zip02536

Building

  • BasementFull, Finished, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationConcrete Perimeter
  • Levels 4
  • Patio And Porch Features Deck, Patio
  • Rooms10
  • Stories4
  • Units2
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1983
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.48
  • Other Structures Shed(s)

Interior

  • Flooring Tile, Vinyl, Laminate
  • Interior Features
    • Bathroom with Shower Stall
    • Kitchen
    • Laundry Room
    • Living RM/Dining RM Combo
    • Living Room
    • Office/Den
    • Remodeled
    • Upgraded Cabinets
    • Upgraded Countertops
    • Walk-In Closet(s)

Exterior

  • Exterior Features Balcony/Deck, Outdoor Shower
  • RoofShingle

Utilities

  • Cooling Wall Unit(s)
  • Cooling YN Yes
  • Electric 220 Volts
  • Heat SystemYes
  • Heating Electric
  • Sewer Inspection Required for Sale
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,200
  • Lot Size Square Feet 20,909
  • Lot Size Units Acres
  • Square Feet2,200

Amenities

  • AmenitiesShopping
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Other Amenities
    • Basement
    • Dock
    • Fireplace
    • Lakefront
    • Water View
    • Waterfront

Water Body

  • Miles to Beach0.1
  • WaterfrontYes
  • Waterfront Features Waterfront, Pond, Lake/Pond,0 to 1/10 Mile To Beach, Beach Ownership(Deeded Rights)

Other

  • Date Listed08/05/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Annie Hart Cool of Sotheby's International Realty

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