Motivated seller! This is the most affordable island home in a true waterfront community in North Topsail Beach. Whether you're looking for a primary residence, second home, or investment opportunity, this property checks all the boxes. Enjoy ocean, sound, and ICW views from this charming coastal retreat. This 3BR/2BA home is located in the desirable Cape Island community and sits on a rare 0.6-acre corner lot featuring mature palm trees and established landscaping. The bright, open living area offers cathedral ceilings, abundant natural light, and access to a spacious deck perfect for relaxing and enjoying coastal sunsets. The kitchen includes a breakfast bar and dining area ideal for entertaining. The main level features two bedrooms, a full bath, and laundry area. Upstairs, the private primary suite offers water views, a sitting area, kitchenette, walk-in closet, private en-suite bath, and its own deck overlooking the sound for spectacular sunset views. Community amenities include private beach access, pool, and boat ramp. This property has not been used as a rental in recent years, but the seller recently listed it for the current season. A rental projection exceeding $70,000 annually is available, offering excellent income potential for investors. Conveniently located near local dining and coastal attractions, this island home is a must-see.