Outstanding opportunity to surround yourself with nearly 8 bucolic acres, in a home owned and loved by the original builder and his family for 70 years! This beautifully maintained 2-bedroom, 1-bath ranch is set in the southernmost part of New Milford, with a portion of the property extending into Brookfield. It offers a rare combination of privacy, open space, and development potential. The original cow barn, meandering stream and a shed are set behind the home. A 5.5-acre open parcel abutting Diana Drive offers the potential to build a second home or subdivide (subject to local approvals). Inside, the home features hardwood floors, an attached 2-car garage, a spacious flagstone breezeway, and a kitchen with brand-new never used appliances. The layout includes a bright dining room with sliders to a patio, and a sunny living room with a wood-burning fireplace and unique steel pot rack. The two bedrooms have plenty of closets, and the tiled full bath is in excellent condition. The full basement includes a chair lift (removable), built-in shelving, and bilco doors. There's also central air and an automatic whole-house propane generator. With no direct neighbors overlooking the property, this is an ideal retreat with room to expand, farm, or build - all just minutes to Route 7. Don't miss this rare opportunity - schedule your showing today!