Welcome to 125 Colonial Avenue, a solid raised ranch home brimming with potential, overlooking Mount Hope Bay. This three-bedroom, two-full bath home boasts primary suites on both levels. The main level of the home has an open concept living & dining area with cathedral ceilings and large windows offering beautiful sunset views over the water. The main level primary suite also has water views as well as a private balcony with newer Anderson sliding glass doors. The lower level of the home includes a spacious second family room with custom built-in bookshelves, a large bedroom with en-suite bath & laundry, a utility room and access to the garage. There is ample parking for at least four cars in addition to the one-car garage, a beautiful yard with a shed and mature plantings and a deck off of the front entryway, the perfect spot to relax and enjoy the water views. This home is conveniently located just 1.5 miles to the Sakonnet Bridge for easy access to Aquidneck Island as well as a quick trip to all of Fall Rivers' shopping options and a short scenic drive to Tiverton's charming coastal offerings in Stonebridge and Four Corners.