Imagine starting your mornings with a short stroll to the beach and ending your evenings relaxing in your own private backyard oasis. Located just one street from the beach walkover, and on a double lot, this unique Oak Island property offers the perfect combination of coastal convenience, flexible living space, and outdoor enjoyment! A welcoming front porch invites you inside to a spacious living room featuring LVP flooring and a cozy gas fireplace. The adjoining dining area and kitchen create a warm gathering space with a beautiful wood-paneled ceiling, gray countertops, ample cabinetry, and stainless steel and black appliances. Down the hall, you'll find two guest bedrooms, a full bath with attractive tile finishes, and a spacious primary suite. The private primary retreat features dual walk-in closets and a large ensuite bath with blue cabinetry, white countertops, a jetted tub, and a separate walk-in shower. Just off the kitchen is a laundry room with built-in cabinetry and access to the backyard. Beyond the laundry area, a separate apartment area offers incredible flexibility with a large full bathroom, an additional room with washer/dryer hookups, and a spacious bonus room complete with a sink, refrigerator, extensive cabinetry, and space for a stove. Whether you envision guest quarters, multigenerational living, a home office, art studio, or hobby space, the possibilities are endless! Step outside to enjoy the coastal lifestyle you've been dreaming of. The fenced backyard is designed for entertaining and relaxing, featuring a patio area, outdoor kitchen with charcoal grill, gas grill, and sink, plus mature trees, colorful landscaping, a storage shed, golf cart storage area, and plenty of room to enjoy the peaceful surroundings. Whether you are looking for a year-round residence or an income-producing rental with the potential for dual rental spaces, this unique home is sure to check all the boxes on your wish list!