A grand 2700+ sq. ft. Colonial ready to be reborn. Perched proudly above Terrace Street in the heart of the Monadnock Region, just steps from the historic bell tower, this once-magnificent residence is waiting for its next visionary. With roots tracing back to the Valley Woolen Mill and later cherished by the Morse family for more than 80 years, this property offers history, character-and incredible upside. Major improvements were completed in the late 1990s, including wiring, plumbing, and electric. Approximately 2018 new architectural shingle roof and in 2021, the exterior was refreshed with paint, replacement windows, new gutters, and a new furnace. Inside, the home still boasts its ornate ceilings, period light fixtures, and both front and back staircases. A stunning curved staircase leads to the expansive third floor, which holds two additional rooms now in need of restoration. Today, the home shows areas of disrepair, making it an ideal project for experienced renovators, investors, or flippers who recognize the value of nearly 2,800 square feet of living space wrapped in timeless architecture. Marlborough's granite-quarry heritage is showcased in the sweeping granite wall that surrounds the property-a striking feature rarely found today. Bring your creativity, your craftsmanship, and your vision. This is a cash-only, as-is sale with enormous potential to transform a historic gem into a showpiece.