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Offering a rare opportunity to secure a unique piece of oceanfront paradise in one of the most exclusive and private locations on the coast, Figure Eight Island. Whether you're looking to make improvements to the existing cottage or build a luxury estate, the possibilities are endless. The combination of breathtaking views, direct beach access, protection and the potential for future growth makes this an exceptional investment. This 1.30 acre lot provides one of the largest building envelopes available on the island, the possibilities for renovation, expansion or a new construction are truly vast. The current cottage located on the lot offers 4-bedrooms, 4 ½-baths. The home is well-suited for renovation, offering the chance to reimagine the interior and exterior while still preserving its charming coastal character or start fresh with a new design and build. The lot elevations and landscaping along the front of this property ensure privacy off the community's private road. Exceptional dune protection along the ocean front provides added security for the property, protecting it from erosion and preserving the surrounding environment. Direct easy access to the beach. Sweeping views of the contour of the island in both directions. Lot purchase includes existing structure and Figure Eight Island Yacht Club Warrant. Whether your styling is more modern, transitional or traditional this lot location offers the ultimate in design possibilities. Renderings by Lisle Architecture & Design, Inc.