Situated on the waterfront just west of Cable Beach on West Bay Street, this lovely older home boasts 136 feet of frontage on the water and consists of the main house that is 5,400 square feet as well as a small basement apartment. The property ½ acre overall and has been approved for multi-family development, so that a potential buyer has many options, from renovating the house to make it a real showpiece or tearing it down and developing the property as a multi-family project. Properties like this do not often come onto the market.