Lovely direct waterfront sits up overlooking the Falls River Cove. Serene and private on nearly 3 acres, set well back from the road and just outside the heart of Essex. This sprawling New England style Cape Cod home c1948 boasts tranquil water views that are enjoyed from many rooms as well as a spacious patio(25x24) and deck(20x16). The home's interior features a formal living room w/wood burning fireplace, a nice size formal dining rm that is conveniently located from a well-appointed kitchen, a first-floor primary bedroom suite, home office & attractive family rm with shiplap barrel ceiling. 2 guest bedrooms are quietly set on the 2nd floor. A sweet 3 season sunporch is enhanced w/stone flooring, walls of windows & sunlight. 2 Laundry locations- main & lower level, HW floors run throughout & 3.5 baths. Some work & transformation is needed to really bring out the home's charm. Property includes a dock w/power & tidal access to NCove & CT River. Newer amenities: deck, freshly painted interior walls, boiler, drilled well, propane whole house generator, 3 bay garage extension, split rail fence & most kitchen appliances. An oversized post & beam 6 bay garage w/inter access to 2nd flr will delight an artist, car enthusiast or hobbyist-many possibilities. Only mins. to Essex village with appealing array of restaurants, boutiques, marinas & yachting. Midway from Boston & NYC. This property is not a drive-by & owners kindly request you do not drive up the driveway without an appmt.