Are you a multigenerational family looking for that hard to find property?This historic in-town Colonial with attached 3 bedroom apartment could be the perfect place for you! Perched on a great sledding hill overlooking quaint Alton village, this versatile 3+ acre property is move-in ready and has space to entertain both inside and out. The beautiful perennial foundation plantings, the raised vegetable beds, expansive lawns, deck, 3 patios, and a 2 car garage are ready to enjoy. The main house boasts 4 bedrooms, 2 bathrooms, 1st floor laundry, and a huge family room with wood fireplace. The lovely remodeled kitchen with stainless steel appliances and 2 pantries opens to the dining and living room, making this a perfect open concept space for all your entertaining needs. Updated windows, hardwood floors, and paint throughout give this home a fresh yet timeless look. Open the door from the sizable family room and step into a 3 room guest suite complete with a kitchenette, newly remodeled bathroom with heated floor, bedroom, ample storage, outside entrance and patio. This space would also make a fabulous owner suite. It's also close to town within easy reach to the library, schools, restaurants and more! Lake Winnipesaukee is nearby as well and this is a perfect time of year to enjoy it! With 380 feet of road frontage, it also offers subdivision possibilities. Situated in low tax Alton, it offers you the best of all worlds!