A RARE FIND ON OAK ISLAND HAS ARRIVED! Welcome to 140 NE 16th Street in Oak Island, this home offers a HUGE BONUS..a beautifully built detached, climatized flex suite with full bathroom and soaring cathedral ceilings offers the ultimate bonus space perfect for guests, hobbies, or a private retreat. And that's just the beginning of what makes this property so special. The main home, a meticulously maintained 3 bedroom, 2 bath ranch captures the comfortable elegance of beach living. Inside, an open-concept layout connects the living, kitchen, and dining areas beneath tray ceilings, while luxury vinyl plank flooring and stainless steel appliances enhance the coastal modern feel. Step into the primary bedroom with its brand new screened porch, providing a quiet haven for morning coffee or evening breezes. Outdoors, you'll find a fenced yard wrapped in white vinyl, a golf-cart-sized gate entry, a paver-covered patio, and a second screened porch that invites lazy summer afternoons. Every detail has been designed for easy living, from hurricane shutters and a garage to the pristine landscaping surrounding the home. But it's that separate flex suite,a solidly built, steel reinforced concrete block structure that truly sets this property apart. With 14-foot ceilings, a full bath complete with soaking tub, climate control, and endless versatility, it extends your living options far beyond expectations. Located within walking distance of the Intracoastal Waterway's Veterans Park and the beach walkover on SE 20th Street, this home blends impeccable condition, thoughtful design, and an unbeatable Oak Island location. Better than new and ready to impress, 140 NE 16th Street is a story of coastal living at its best.