NEW Significant Price Improvement: Recently reduced by $240,000 from $2,175,000. Privately set on three wooded acres in the coveted Falmouth Foreside, 53 Waites Landing offers a rare combination of space, privacy, and design--just moments from the ocean, golf, shopping, and downtown Portland. This 5-bedroom, 3.5-bathroom contemporary has been thoughtfully reimagined for modern living, with an expansive layout that includes in-law quarters, distinct living rooms, and two full kitchens--ideal for multigenerational living, hosting long-term guests, or accommodating lifestyle needs. The home's mid-century inspiration is expressed in vaulted ceilings, walls of glass, and two floor-to-ceiling stone fireplaces that anchor light-filled gathering spaces. The main kitchen was fully renovated with a nine-foot quartz waterfall island, Bosch appliances, matte cabinetry, and gold-accented honeycomb marble tile, opening seamlessly to the dining and living areas. Extending off the kitchen, a sunroom or office offers peaceful year-round views of the surrounding woods. Upstairs, the primary suite includes a renovated bath, walk-in closet, and an adjoining sitting room--perfect as an office, nursery, or potential fifth bedroom. Three additional bedrooms share a full bath with double vanities. The daylit lower level features a second kitchen, full bath, living room with J?tul wood stove, and a glass solarium-style corridor with its own private entrance--well-suited for guests, in-laws, an au pair, or a dedicated workspace or gym. Recent updates include refinished and new hardwood floors, updated baths, new appliances, fresh interior and exterior paint, a Buderus heating system with new hot water heater and oil tank, and landscaping and masonry. This is a rare opportunity to own a private retreat on Waites Landing. Beach access is NOT deeded, and access may be granted by annual invitation to assist with the beach clean-up.