Set on a 2.5-lot property — one of the largest on Oak Island — this rare coastal treasure offers space, charm, and endless potential. Tucked away on a peaceful, tree-lined street just moments from both the Intracoastal Waterway and the Atlantic Ocean, this one-of-a-kind home presents a unique opportunity to own a true piece of Oak Island history. Lovingly maintained by its original owner for over 40 years, this 2-bedroom, 1-bath cottage embodies the character and simplicity of the island's early fishing village roots. With minimal use over the years, the home remains in beautiful condition. The home is surrounded by mature live oaks on low-traffic 41st Street. A breezy, covered walkway connects the main cottage to a detached garage — perfect for storage, a workshop, or your beach golf cart. Location-wise, it's hard to beat: enjoy close proximity to the ICW boat launch, 40th Street beach access, and all the community favorites at Middleton Park — including summer concerts, pickleball courts, a playground, splash pad, and skate park — all within walking distance. Whether you're seeking a peaceful getaway, a renovation project, or a rare chance to preserve a cherished part of Oak Island, this property delivers on potential, character, and location.