Step back in time and restore the charm of this stately 1920 Federal-style home located in the village of Gilman, nestled in Vermont's beautiful Northeast Kingdom. Set back on a large in-town lot, this 4-bedroom, 2.5-bath home is filled with timeless character and awaits its next chapter. You're welcomed into a spacious living room featuring a lovely stone fireplace and French doors leading to the enclosed porch - the perfect spot to relax and enjoy the changing seasons. The home also offers a formal dining room, a large kitchen with a pantry, and a first-floor office with a half bath that could easily serve as a first-floor bedroom if desired. Upstairs, you'll find a primary bedroom with an ensuite bath, three additional bedrooms, and another full bath. The finished basement family room adds even more living space and includes a second fireplace. A charming covered back porch and 2-bay detached garage complete the property. Recent updates include a new heating system installed in March 2026, along with all new appliances. While the home is in need of rehabilitation, the original details and classic layout offer incredible potential for someone ready to bring this grand home back to life. Conveniently located near Littleton, Lancaster, and St. Johnsbury, this property offers small-town living with easy access to shopping, dining, and local amenities.