Discover a truly unique opportunity to own approximately 2 private acres with an impressive 700 feet of waterfront along a protected creek that flows into the White Oak River. Just minutes from historic downtown Swansboro, this special property offers a peaceful, natural setting with mature trees, gently rolling terrain, abundant privacy, and plenty of room to enjoy the outdoors. The 3-bedroom, 2½-bath ranch is full of warmth and character, featuring vintage knotty pine walls in the living area that create a cozy gathering space. Extensive updates have been completed throughout the home. Recent improvements include dual-pane, hurricane-rated windows, new sliding glass doors, hardwood flooring in the bedrooms, kitchen cabinetry upgrades with a custom coffee bar and built-in pantry, custom-built bookshelves in the den, new carpet in the second-floor storage/workout room, a freshly painted chimney, and an HVAC system replaced approximately one year ago. The detached guest house has been completely renovated and provides exceptional flexibility for visiting family, guests, or a private office or studio. Improvements include new flooring, cabinetry, bathroom, built-in bedroom closets, additional windows and French doors, a kitchenette with under-counter refrigerator, new water heater, new blinds throughout most of the home, a new roof, and approximately 500 feet of new decking. Additional exterior improvements include the removal of the original carport and pergola, creating a cleaner, more open setting. Properties offering this combination of acreage, extensive waterfront, privacy, two residences, and close proximity to downtown Swansboro are exceptionally uncommon. Whether you're looking for a full-time residence, a family retreat, or a place to enjoy the quiet beauty of coastal North Carolina, this property presents an opportunity that rarely comes to market.