This exceptional WATERFRONT 2.28-acre Intracoastal Waterway property offers a rare opportunity to create a second waterfront homesite (4 bedroom septic permit in hand), making it ideal for a family compound, guest residence, future investment, or resale potential. The additional homesite could enjoy the existing dock exclusively or utilize the dock as a shared amenity between the two properties. Already in place and ready for boating enthusiasts, the private dock features two 10,000-lb boat lifts, with average water depths of approximately 4 to 6 feet and easy access to the ICW, Swansboro, and nearby islands. Beyond the incredible waterfront and land opportunity, this impressive residence offers 5,609 heated square feet designed for comfortable living and entertaining. Featuring 5 spacious bedrooms, 4.5 baths, a dedicated woodworking/craft room, and an attached oversized garage with overhead camper/boat storage, there's room for everyone and everything. Waterfront views, endless outdoor enjoyment, and a short boat ride to some of the Crystal Coast's most sought-after destinations make this property truly special. Additional amenities include a four-person hot tub, geothermal heating and cooling system, irrigation system, and beautiful Arcadia wood floors in the kitchen, foyer, and dining areas. The well-appointed kitchen includes all appliances, while additional conveyances include a garage freezer, pantry refrigerator and freezer, a floor-mounted gun safe, a wet bar refrigerator in the upstairs bonus room, and a wine refrigerator in the kitchen. With its combination of luxury living, boating convenience, acreage, and the rare opportunity for an additional waterfront homesite, this property presents a truly exceptional opportunity. Please ask the listing agent for the full additional features sheet, and make your own private appointment for a tour.