SACO – Two doors, and a one-minute walk, from the sands and surf of Maine’s finest expanse of beach (seven miles of it) here is a spacious, three-level home whose virtues include a rare versatility.

Originally a small cottage, the house was expanded in the 1980s, and has been regularly updated since. In 2011, the bright, daylight finished lower level was transformed into a two-room, professional office suite – complete with a full bath, a gas fireplace in the office, a waiting room, a separate entrance, and plenty of off-street parking – and can continue to function in that role.

Or, this level can become a guest / in-law suite. It also has excellent potential as a significant income-producer – i.e., a seasonal rental or an Airbnb.

And, of course, the space can simply add a bedroom, or two, to a single-family home that is steps from the oceanfront, and oriented to maximize enjoyment of the beauty of the setting. Year-round, these windows and the long deck off the master suite provide splendid views of Saco Bay and several islands. You can see both northeast to Prouts Neck and southeast to Wood Island Light.

The main level is primarily open-concept, and large enough to allow a choice of furniture arrangements such as dining areas. The tiled kitchen features cherry cabinetry; a new, stainless French-door refrigerator and Bosch dishwasher; and an angled island with a cooktop.

There’s a handy corner office (it could be removed to enlarge the living room); a half bath; and a huge pantry / laundry that could be converted to other purposes, and accesses the back deck. The top story is devoted to a complete master suite, including a bathroom with soaking tub, plus a bonus room / bedroom. In the fenced yard, the big garden shed is perfect for storing kayaks and other gear.

The 2,120-square-foot home on 0.11 acre at 22 Sunrise Ave., Saco, is listed for sale at $489,000 by John Hatcher of Keller Williams Realty. Annual taxes are $8,822. For more information or to arrange a private viewing, please contact John at 775-2121 or at [email protected]atcherrealestate.com.

Photos by Nathan Varney. The Home of the Week is produced by the Marketing Department of the Maine Sunday Telegram. Send feature home suggestions to [email protected].