Welcome to this cute and cozy home situated on a rare 1.01-acre corner lot in Boiling Spring Lakes. Offering thoughtfully updated living space, this property combines modern comfort, investment potential, and room to grow. Inside, you'll find a bright, updated interior featuring spacious living areas, remodeled bathrooms, and stylish finishes throughout. The flexible floor plan includes a private guest suite with its own entrance, full bathroom, and kitchenette. This space has been successfully utilized as a short-term rental with a history of consistent bookings, creating an excellent opportunity for supplemental income. It can easily be used as the primary suite instead, offering a private and relaxing space. Step outside and enjoy one of the property's most unique features--a private dock overlooking peaceful little Forest Lake, providing the perfect setting for relaxing mornings or quiet evenings by the firepit. The expansive 1.01-acre corner lot offers endless possibilities, including the potential for subdivision or the addition of an Accessory Dwelling Unit (ADU), making this property ideal for investors, multigenerational living, or those seeking future development opportunities. Conveniently located so you'll enjoy easy access to historic downtown Southport, the beaches of Oak Island, shopping and dining in Leland, and all that Wilmington has to offer. Whether you're searching for a primary residence, an investment property, or a home with room to expand, this one-of-a-kind property offers a rare combination of location, acreage, income potential, and waterfront charm.