Set on 256 feet of beautiful waterfront in Oak Bay, ideally located between St. Andrews and St. Stephen, this Cape Cod-style home offers over 3,779 sqft. of exceptional coastal living. Accessed by a private road, the property is currently operated as a successful Airbnb, generating an impressive income stream and offering outstanding investment potential. The grounds feature lush lawns, fruit trees, and fenced yard space for pets, along with direct beach access, perfect for kayaking, seaside walks, and enjoying breathtaking sunsets. Expansive decks and a gazebo create ideal outdoor living spaces. Inside, the home is designed for both comfort and entertaining, with a spacious dining room with wood fireplace, a vaulted living room with skylights, and large windows showcasing stunning water views throughout. The main residence offers three bedrooms, 2.5 baths, a den/office, and ample storage. The walk-out lower level includes an additional one bedroom + den, one bathroom Airbnb suite with amazing storage options. A standout feature is the separate two-bedroom residence on a slab foundation with propane fireplace (built in 2022), connected by a 17-foot enclosed passageway, perfect for multi-gen living or added rental income. Two Generac home generators (one for each structure) provide peace of mind all year long. With a total of six bedrooms and 4 and a half bathrooms, this versatile property is ideal as a private coastal retreat, income-generating investment, or multigenerational family home.