Offered for the first time in nearly 90 years, this cherished c. 1870 Victorian Italianate home occupies a prominent corner lot on Leo's Lane, where it has been lovingly cared for by the same family for generations. Blending timeless architectural character with thoughtful modern updates, the home is nestled along a picturesque village lane where handsome historic homes and mature gardens create one of Vinalhaven's most inviting neighborhoods. Distinctive period details include bracketed eaves, decorative millwork, tall windows, graceful proportions, a handsome bay window, a traditional center foyer, covered porch, and two original staircases. Impeccably maintained and filled with natural light, the home features a flexible floor plan, renovated kitchen and baths, landscaped gardens, a 1.5 story shed, and inviting outdoor spaces for entertaining and gatherings. The main level includes a spacious eat-in kitchen, living room, library, office, and elegant center foyer. For those seeking the convenience of single-level living, the office could easily serve as a first-floor bedroom. Upstairs are three comfortable bedrooms and a second full bath, while the walk-up third floor provides three additional rooms ideal for storage, studio space, or future guest accommodations. Complementing the home is a wonderful attached shed with a spacious loft accessed directly from the kitchen. Currently used for storage, this substantial space offers exceptional potential for a studio, workshop, home office, guest accommodations, or a future first-floor primary suite (subject to any required permits). Outside, a sunny deck overlooks beautiful perennial gardens, creating a peaceful setting for relaxing or entertaining. The generous corner lot enhances the home's sense of space while placing you on one of Vinalhaven's most desirable village streets--just an easy stroll to Lane's Island Preserve and the village center. A rare opportunity to be the next steward of a cherished island home.