Sometimes, the beauty of a home is in what it could be.

This week's featured listing is a handyman special with an enormous parcel of prime Virginia farmland. Known as "Prospect Hill," this Federal-style home was built in 1820 and has all the makings of a charming country estate. It is located at 12105 Seaside Road in Machipongo and is currently listed for $449,000 by Chesapeake Properties.

Look past the peeling paint and think about what the house could be with some careful planning. It is a three-bedroom, one-bath home that could be renovated to make it the house of your dreams. Just look at those beautiful wood floors and architectural details!

Upstairs, there are three bedrooms and a single bath, but you could easily add a powder room bump-out on the main floor. There are fireplaces throughout the home that would make amazing focal points for traditional decor. Remember, it's pretty easy to remove wallpaper with a little elbow grease!

The house sits on 60 acres of mixed use land—39 of the acres are level for planting as fields and 19 are wooded acres of mature timber. Just think of what you could do with all of that space. The far end of the property extends out to the water, so someone with a bit of vision could really bring the best out of this diamond in the rough.

**The photos in this article are courtesy of Chesapeake Properties.

For more information about this unique Virginia home, or to schedule a tour of the property, see the original listing.

What would you do with this 200-year old manor house? Refurbish it to its former glory, or would you build your dream house elsewhere on the surrounding land? Let us know what you can imagine for the future of this historic Eastern Shore home.