Waterfront living with a private dock and exceptional flexibility in Falmouth. Set along peaceful Round Pond, this beautifully renovated and reimagined property offers the Cape Cod lifestyle buyers dream about—water views, direct access to the pond, a private dock and the freedom to launch a kayak or canoe right from home.Thoughtfully designed as two separate living spaces, the property offers remarkable versatility. The upper level features two bedrooms with an open, comfortable living area overlooking the water, while the walk-out lower level provides a private one-bedroom living space with its own kitchen and living area. It’s an ideal arrangement for extended family, guests, multigenerational living or income possibilities.Spend summer days on the water, relax on the deck, rinse off in the outdoor shower and enjoy quiet evenings overlooking the pond. With approximately 2,200 square feet of living space, this home offers room to gather while still providing privacy when desired.A passed Title 5 septic inspection for three bedrooms adds peace of mind. Convenient to Falmouth’s beaches, golf, shopping and dining, with easy access on and off Cape. More than a home, 8 Theatre Drive is an opportunity to own waterfront, create income, and enjoy the Cape Cod lifestyle—all in one distinctive property