10 Saltbox Rd is a rare Milton waterfront opportunity that combines an updated home, income potential, and significant development upside in a single package. Set on 5.42 acres with approx. 125' of serene frontage on Milton Three Ponds-one of NH's most sought-after lakes-this property offers the lifestyle buyers want, and the flexibility investors and entrepreneurs look for. At the center is a nicely updated 4-bedroom, 2-bath single-family home-ideal as a primary residence, vacation getaway, or owner-occupied investment. Beyond the main home, the property includes multiple seasonal cottages that offer immediate rental income, guest accommodations, or the option to reconfigure them to match your vision. There's also an additional RV/site area with a pump-out station and a boat launch, making it easy to enjoy the lake while adding another layer of utility for guests or tenants. The location is a standout: positioned on high-visibility Route 125 and within the CR zoning district, the property may support a wide range of commercial and mixed-use possibilities (buyer to verify). Think lakeside retreat, expanded cottage rentals, RV/cabin sites, or an event-focused concept such as weddings and receptions-this is the kind of setting people travel for. Whether you're building a family compound, creating a waterfront hospitality destination, or securing a prime piece of land with long-term upside, 10 Saltbox Rd delivers a combination that's hard to find: waterfront, acreage, existing improvements, and zoning flexibility. Set up a showing today!