It's all about location & this home is ideally situated on nicely elevated 75' wide coveted Caswell lot in the perfect location allowing views from the street side porches of Oak Island lighthouse, Southport & the shipping channel along with Fort Caswell. Of course, the ocean views are expansive from inside & out of this home. Stroll out to your gazebo near the wide sandy beach and watch the dolphin play & enjoy views of Old Baldy. Garage parking provides for fully enclosed entry through foyer on those rainy days. This home was custom built for this family & has been lovingly used & cared for, but now that it is time to be someone elses Legacy home, it is aggressively priced BELOW recent appraisal. While never on the rental market, local management company has provided rental projection in the event you choose to share with renters rather than keeping all to yourself. Take note that ground floor bunk/changing room & bath is NOT included in room count or square footage which provides additional value. This home was planned to take advantage of the panoramic views while providing ample room & closet space to make this a primary residence, vacation home or rental investment. Raised ceilings, large kitchen with pantry & extra area for game space. Dumb waiter for getting the groceries to the top floor. Several enclosed outdoor showers for everyone to wash the sand away. Imagine taking your kayak right out from your own home to play with the dolphins in the ocean or enjoying friends & family on one of 4 porches or at the Grandfathered oceanside gazebo. It gets even better with furnishings remaining so you can start enjoying the good life right after closing rather than moving furniture! Flood insurance is only $783. per year.