Welcome to 37 Federal Corner Road in desirable, low-tax Tuftonboro, New Hampshire! Situated on 2 acres just minutes from downtown Wolfeboro, this versatile property offers a main residence, an attached legally approved studio apartment with a private entrance, and exceptional potential for homeowners and investors alike. The main residence features an open layout with traditional New England character and comfortable living spaces. A brand-new 2026 roof and newer mechanical systems provide valuable improvements, while the interior presents an opportunity for cosmetic updates and personal touches. The spacious garage offers ample room for vehicles, storage, recreational equipment, or a workshop, and the generous 2-acre lot provides plenty of outdoor space. One of the property's most distinctive features is its attached, legally approved studio apartment, complete with a separate private entrance, kitchen, and bathroom. This flexible space offers opportunities for multigenerational living, extended family, guest accommodations, or potential rental income. Whether considering long-term tenants, workforce housing, or short-term vacation rentals for visitors to the Lakes Region, the studio adds versatility and income-producing potential, subject to applicable rental requirements. Conveniently located approximately 10 minutes from Lake Winnipesaukee and 45 minutes from skiing, the property offers easy access to boating, hiking, skiing, shopping, dining, and year-round recreation. With its combination of acreage, flexible living arrangements, recent improvements, and desirable Tuftonboro location, 37 Federal Corner Road presents an opportunity to create a primary residence, vacation retreat, or investment property with lasting value.