Historic charm & craftsmanship with all the modern updates define this property. Currently a residence, this just under a 1/2 acre lot, zoned C1 (Central Commercial), is situated downtown in the growing community of Wolfville. This Gothic Revival house was formerly known as the Fountain home, offers boundless possibilities. Make it an elegant downtown home in the heart of the business district or dream of developing the large lot and 6-bedroom home as the cornerstone of a multi–unit hotel/inn complex, restaurant, or luxury professional office suites. Lovingly updated & maintained the house retains its original floor plan & architectural elements. Major upgrades include newly finished ceilings & hardwood floors, 3.5 refinished bathrooms, & electrical upgrade to name a few. In the fall of 2017 owners installed a new central ducted Mitsubishi Zuba 3.5 ton heat pump system, providing excellent heating performance in the winter (-30 C) and effortlessly cools in the summer. A walk-up attic is completely insulated & electrically wired, ready to build out. From this 3rd storey vantage point you will find a breathtaking view of the Minas Basin. The grounds feature old growth maple trees, which shade and canopy the property. In the spring the lush tulip beds frame the veranda that spreads 3 sides of the house. In the back of the lot you will find an established rose garden lining the large driveway to the oversized 2-car garage. The well treed back yard features a series of flowering trees which keep the property not only cool in the summer but always in bloom. In the heart of booming Wolfville this is both a stately home & beautiful business location. Shopping, dining, spa, yoga studio, and waterfront are within a leisurely 5-minute walk.