Beautiful historic 1812 Federal with earlier Cape El needs ambitious owners to bring this antique home back to its former glory! It has over 3000 square feet of living space. Set up above a stream flowing into Grant Brook, it has a rich history of Lyme industry including a nearby ladder factory and a tannery. Surrounded by properties in Land Conservation, it is located just off of paved Dorchester Road on 3.24 acres it has a private back yard and large deck. Many original features remain in the house including wood paneling and wide board pine floors. All the wood floors in the house have been refinished and a new hot air furnace has just been installed. The 600 square foot unfinished bonus room upstairs awaits a new life - rumpus room, work-out room, laundry (has hookups,) in-house hobby shop. Endless possibilities! The attached post and beam barn/garage incorporating a mudroom was resurrected from the old original barn ten years ago and has generous space for two cars. One Franklin Hill Road is five minutes from the Dartmouth Skiway (Lyme children ski free to age 21,) one mile to Lyme Common and Lyme Country Store and 20 minutes to Hanover. The house has not been occupied on a continual basis for several years. Updates in decorating and exterior siding are needed.