LIP-330 Set on two acres of gently terraced gardens and open lawns, this characterful colonial-style home has just returned to the market at a significantly revised price, creating an exciting opportunity for the right buyer.

Positioned on a soft rise within the peaceful surroundings of Kottagoda, the property enjoys a quiet, rural atmosphere while still being within easy reach of the coast and the vibrant south coast lifestyle.

The main house offers generous living spaces, including a large central living area, kitchen, study, and master bedroom with an open-air bathroom. There are also separate staff quarters that could be converted into an additional bedroom or guest space.

A wide, wrap-around veranda frames the house and looks out across the gardens, providing a natural place to relax, entertain, or simply enjoy the peaceful setting.

Just beside the main residence sits a separate double-suite cabana with its own courtyard and ensuite bathrooms, ideal for guests, rental use, or a small retreat concept.

While the house requires repair and updating, the land, layout, and existing structures offer strong foundations for a renovation project. With nearly two acres to work with, there is ample space to add additional cabanas, create landscaped gardens, or transform the property into a private residence, boutique guesthouse, or wellness retreat.

This is a rare chance to secure a substantial piece of land with character buildings at a newly adjusted and highly attractive price point.