Custom coastal cottage living with rare flexibility - located just five minutes from Ocean Isle Beach, with convenient access to everyday essentials including Publix and Lowes Foods, and even a golf cart ride to the island. Situated in the highly desirable Waterway Cove community, this meticulously maintained 2-bedroom, 2-bath custom cottage offers 1,410 square feet of thoughtfully designed living space, enhanced by a heated and cooled detached bonus retreat that provides flexibility rarely found in homes of this size. Won Best feature in Parade of homes for floor plan + outdoor living spaces. From the moment you step inside, the home feels distinctly custom. Hardwood floors, a fireplace with built-in cabinetry, and solid surface countertops create warmth and character throughout the main living areas. Natural light fills the space, and the layout flows comfortably to a private rear patio perfect for morning coffee or relaxed coastal evenings. One of the home's most distinctive features is the fully enclosed detached garage structure, now finished, heated, and cooled, and complete with its own half bath. While not included in the home's primary heated square footage, this additional space offers exceptional versatility -- ideal as a guest retreat, private office, creative studio, fitness room, or quiet workspace separate from the main home. For buyers seeking flexibility for guests, hobbies, or remote work, this feature provides a rare advantage. The rear-load garage design preserves the home's charming curb appeal, allowing the welcoming front porch to take center stage overlooking a landscaped park space and sidewalk. Waterway Cove is known for its friendly, active atmosphere where neighbors gather and enjoy a walkable coastal lifestyle. Pride of ownership is evident throughout, including fresh exterior paint, meticulous upkeep, and the addition of LeafFilter® no-maintenance gutter protection, offering added peace of mind for low-maintenance living. NEW top of the line washer + Dryer also included! Residents of Waterway Cove enjoy access to a clubhouse, pool, fitness center, walking trails, and lawn maintenance included in the HOA -making this an ideal full-time residence or effortless coastal retreat. Perfectly positioned between Wilmington and Myrtle Beach, the location offers convenient access to dining, shopping, and entertainment while still returning home to a peaceful coastal neighborhood. If you're seeking a thoughtfully designed home with custom character, manageable square footage, and adaptable bonus space in one of the area's most unique communities, this property presents a compelling opportunity.