Dwelly Point Cottage is a delightful, timber-constructed, year-round home with many recent updates and boasting 600ft. of beautiful, private water frontage along the shores of Taunton Bay. This south facing, well-built 2bed/1bath cottage features one floor living and is nestled just steps from the water's edge on a private, beautifully wooded 10acre lot with long, wide views over the bay. The gently wooded lot features a lovely lawn sloping to the edge of the shore with easy water access- perfect for launching your kayak. A wonderful granite grill/fireplace on the lawn and spacious deck with great water views are ideal for relaxing and entertaining. Inside, the home features exceptional vaulted timber ceilings in the open concept living room/dining area/kitchen- all with new flooring. The freshly updated kitchen features quartz countertops, new appliances, and new tile backsplash while the bathroom features updates too including new twin sink vanity and a new shower. The living room offers split air-conditioning, a fantastic stone hearth, bay window, and exterior door access to the deck. A full staircase leads to the roomy, unused loft area, offering additional possibilities as a kids' play area, office, or studio. There is also a large, dry, and fully heated basement with utility room (lots of storage) and separate/spacious/semi-finished area with its own beautiful stone fireplace. This was formerly a den/bar/pool table space and presents tremendous opportunity for an additional 550sq.ft. of expanded living space. The home's well-maintained exterior has a metal roof, freshly stained/sealed logs, matching storage building, and a matching separate 1 car garage/workshop. Accessed by a lovely, wooded drive, this property is located in the village of Franklin, just 15 minutes from the full-service town of Ellsworth and a short drive to Bar Harbor and Acadia National Park.