RARE WATERFRONT OPPORTUNITY WITH ENDLESS POTENTIAL! NEWER VINYL BULKHEAD! This is truly a one-of-a-kind waterfront property nestled on an oversized 6,000 sq ft lot overlooking the protected cove of Harbor Island. Opportunities like this are incredibly rare-offering not only location, but unmatched versatility and potential. The existing over 2,000 sq ft two-story home invites you to bring your vision to life. Whether you choose to renovate and customize the current residence or explore the potential to build two units (with town approval)-living in one and renting the other-the possibilities here are exceptional. Boating enthusiasts will appreciate the 3 private boat slips, including one with an electric lift, along with over 40 feet of water frontage complete with water and electric at the dock. Enjoy direct access to open water while being tucked into a calm, protected cove-perfect for boating, fishing, or simply relaxing by the water. Enjoy gorgeous nightly sunsets while entertaining family and friends on your large private deck after a day on the water. Prefer the beach? You're just a short walk away from putting your toes in the sand. This location is truly a WATERMAN'S DREAM, offering endless opportunities for fishing, boating, swimming, and even front-row seats from your own deck to watch the excitement of the annual White Marlin Tournament, including the boats returning, weigh-ins, and all the energy this iconic event brings. Skip the beach traffic altogether-just hop on your boat and cruise to the many waterfront restaurants and bars along the Ocean City bayfront for dining, drinks, and entertainment. Why pay condo or HOA fees when you can own your very own piece of waterfront paradise? This property offers the freedom, space, and flexibility that's hard to find in today's market. This home is being sold “As Is”, presenting a rare opportunity to secure a premier waterfront location and make it your own. The world is your oyster with this Harbor Island gem-don't miss an opportunity like this again!