Fabulous views and coastal living at it's finest in the desirable St. Martins By The Bay community! This end-unit townhome offers water views and direct access to a private cove on the St. Martin River which connects to Assawoman Bay, and ultimately the open ocean - perfect for boaters, paddleboarders, and anyone who loves life on the water. The home features two spacious second-floor bedroom suites, each with its own private balcony, including one with water views. The main level living area opens to a large deck overlooking the water, creating an ideal space for outdoor dining, relaxing, and entertaining while enjoying the natural setting. Additional highlights include an attached garage with loft storage, additional paved parking, and the property is being sold furnished, making it a convenient move-in-ready coastal retreat or investment opportunity. The St. Martins By The Bay HOA consists of just 58 parcels, including 24 townhomes, offering a boutique waterfront community feel with exceptional amenities. Residents enjoy tennis courts, a community pool, pavilion, and a community dock/pier, along with a sandy beach area. Boat and jet ski slips are available for an annual fee (ranging from$600-$1200), the current owner has secured a boat slip for this year. Off-season boat storage is available for $150 per year. The HOA fee includes water, sewer, trash, pier and dock maintenance, pool, tennis, and lawn care, providing easy, low-maintenance living. Whether you're seeking a full-time residence, vacation getaway, or waterfront investment, this unit in St. Martins By The Bay delivers the best of coastal lifestyle and boating convenience just minutes from the beaches of Assateague and Ocean City.