Price Improvement! Discover exceptional value at 40 Lane Road, Derry, NH. This beautifully expanded Cape boasts nearly 5,000 square feet of thoughtfully designed living space, ideal for comfort, privacy, and flexibility. With two primary suites-one on the main level and an expansive second suite on the second floor. This home is perfectly suited private guest quarters. Set on 3 acres of mature landscaping, the property offers a serene, park-like setting that's perfect for entertaining, gardening, or simply unwind Step inside to an open-concept floor plan filled with natural sunlight. The spacious kitchen flows effortlessly into the living room, where soaring ceilings and a dramatic catwalk add architectural interest and a sense of grandeur. Other notable features include a lower level theater room, a first floor office with double-sided fireplace, an inviting eat-in kitchen overlooking the large backyard, a generous dining room with built-ins, and vaulted ceiling living room with skylights, a double-sided fireplace, and built-in bookshelves.  A first floor laundry room, a full-house back-up generator, and 3 heating/cooling systems make for a secure and comfortable residence. Derry is known for its excellent schools and proximity to major highways, making it an attractive option. CHECK OUT THE VIRTUAL TOUR!