Located within the oceanfront, resort-style community of Villa Capriani in North Topsail Beach, this desirable 3-bedroom lockout-style residence offers a rare blend of flexibility, views, and income potential. With a unique layout featuring a 2-bedroom main condo paired with a private 1-bedroom suite, this property is ideal as a primary residence, second home, or high-performing vacation rental. Villa Capriani is known for its direct beach access, multiple pools, hot tubs, and on-site restaurant, delivering a true coastal resort experience just steps from the sand. Inside, the main unit welcomes you through a well-appointed foyer with 7.5'' tile flooring, chair rail detailing, and custom trim work, setting the tone for the thoughtful finishes throughout. The kitchen is both functional and elevated, featuring quartz countertops, 40'' cabinetry, a 6.5-foot eat-in breakfast bar, and a 6'' glass tile backsplash. Stainless steel Whirlpool appliances, including a 5-burner stove and two-door refrigerator, pair with a dual-basin sink, Moen faucet, and disposal to complete the space. A pantry provides additional storage for extended stays or full-time living. Flowing into the living area, you'll find wide-plank 9'' LVP flooring and natural light pouring in through an oversized 9-foot glass door, offering direct access to the private balcony. From here, enjoy ocean views and sightlines toward the Seaview Pier, creating a true indoor-outdoor coastal living experience. The primary bedroom suite offers a comfortable and private retreat, highlighted by sound and Intracoastal Waterway views and direct access to the balcony. Thoughtful trim work and faux wood blinds frame the windows, while the ensuite bath is appointed with a cultured marble vanity and a walk-in shower. A second bedroom in the main unit is served by a full guest bath with a shower/tub combination, providing flexibility for guests or additional occupants. The lockout suite adds a powerful layer of versatility, complete with its own private entrance, kitchenette, full bath, and in-unit laundry. Whether used for guests, multi-generational living, or as a separate rental opportunity, this space allows for multiple use strategies within one property. Whether you're looking for a turnkey coastal retreat, income-producing investment, or a combination of both, this Villa Capriani residence delivers the lifestyle, amenities, and flexibility that make it one of the most sought-after communities on Topsail Island.