Welcome to this spacious and charming 4-bedroom, 2.5-bath home located on The Point, one of the most desirable waterfront communities in Colonial Beach. Situated on a rare double lot (two separate parcels), just one block from the water, this property offers endless possibilities - whether you're looking for a full-time residence, vacation home, weekend getaway, or investment property with rental/Airbnb potential. A standout feature is the main level primary bedroom suite, offering added convenience and flexibility for comfortable everyday living or hosting guests. The home was updated in 2018 and features many recent cosmetic updates, including a beautifully updated kitchen and modern lighting, creating a move-in ready opportunity while still leaving room to add your personal touch. The large (double) lot and expansive outdoor space provide flexibility for entertaining, storage, or future expansion. With subdivision potential, buyers may have the option to build on the additional lot, creating a unique development or income-producing opportunity. Additional features include two storage sheds, perfect for a golf cart, beach gear, or tools- ideal for enjoying the golf cart-friendly, coastal lifestyle Colonial Beach is known for. Enjoy coastal living near the Potomac River with close proximity to the beach, waterfront, restaurants, shops, and local attractions. Experience the charm of a small-town beach community while still being within commuting distance to surrounding areas. Endless potential in a prime location - don't miss this opportunity!