Answer:
Inside a burning house, this thing is best to make. And best to make it quickly, before the fire's too much to take.
A great mysterious place that the bold have been known to journey into.
My first keeps time, my second spends time, my whole tells time.
As soft as silk, as white as milk, as bitter as gall, a thick green wall, and a green coat covers me all.
Metal or bone I may be, many teeth I have and always bared. Yet my bite harms no one. And ladies delight in my touch.
I have two eyes in the front and a lot of eyes on my tail