Yes, keep the feedback as appreciative, professional and technical as possible, back up your concerns with possible "worst case" scenarios so that the disadvantages of those features and/or this particular implementation, become blatantly obvious.
Also, if this is about features/code that are very specific and are not of any use to most users, express your concerns about the code/use ratio - indicating concerns about increased code base complexity etc.
Ideally, present your concerns as open-ended questions - in the sense of: "Though, I am wondering if this way of doing it may work in the long term, due to ...". So that you actually encourage an active dialogue between contributors.
Invite your fellow contributors and user to provide their opinions on these concerns, in fact ask other people/contributors what they are thinking about this addition (in terms of pros & cons, requirements, code quality), do make the statement that you are willing to reconsider your current position if other contributors/users can provide corresponding insight.
You are basically encouraging an informal review that way, asking your community to also look into the proposed additions, so that the advantages and disadvantages can be discussed.
So, whatever the decision will be, it will be one that is community-backed, and not just simply made by you.
You being the architect of the original design, are also in an excellent position to provide architectural reasons why something is not (yet) suitable for inclusion/deployment.
If stability, complexity or code quality are a real concern, do illustrate how other contributions also had to go through a certain review process in order to be acceptable.
You can also mention how specific code doesn't really align with your current design, or how it may not scale too well with future extension to your current design, similarly you can highlight why certain stuff was left out explicitly.
If you actually like the features or the core idea, be sure to highlight the excellent addition these features would make if properly implemented and integrated, but do also highlight that the existing implementation isn't really appropriate due to a number of reasons.
If you can, do make specific suggestions for improvements, provide examples of how to do things better, and what to avoid and do express that you hope, this can be reworked to be added with the help of your project's community.
Ideally, present your requirements for actually accepting this contribution and do mention the background for your requirements, you may in fact say that you hate some of these requirements yourself.
Preferably, present and discuss instances where you yourself contributed similar code (or even worse code) and that you ended up facing huge issues due to your own code, so that these policies are now in place to prevent such issues. By actually talking about your own bad code, you can actually be very subjective.
Emphasize that you generally appreciate the effort itself, and that you are willing to provide the necessary help and pointers to bring the code in question into a better shape and form. Also, encourage that similar contributions in the future should be properly coordinated within your community, in order to avoid similar issues.
Always think in terms of features and functionality (and remind your contributor to do the same), not code - imagine it like a thorough code review process, where the final code that ends up being committed/accepted, may have hardly anything in common with the original implementation.
This is again a good possibility, to present examples where you yourself developed code that ended up largely reworked, so that much of it is now replaced by a much better implementation.
Similarly, there's always the issue with code that has no active maintainers, so you can just as easily suggest that you feel concerned about code that may end up being unmaintained, you could even ask if the corresponding developer would be willing to help maintain that code, possibly in a separate branch.
In the same sense, always require new code to be accompanied with proper comments, documentation and other updates. In other words, code that adds new or changes existing functionality, should always be accompanied with updates to all relevant documentation.
Ultimately, if you know right away that you cannot and will not accept any of that code in the near future, you can at least invite the developer to branch or even fork your project, possibly in you repository and with your help and guidance, so that you still express your gratitude for working with your project.