318 320 Pine Creek Avenue, Fairfield, CT 06824

Welcome to a truly exceptional opportunity-a direct waterfront compound offering expansive views of Long Island Sound, a dock, &endless showstopping sunsets. This remarkable property features 2 residences: a fully renovated, FEMA-compliant main house AND a charming, income-generating guest cottage.The Main Residence (320)is a modern coastal retreat offering 3,129 sq ft of sun-drenched living space, gourmet kitchen, 3/4 bedrooms &4 full baths. Renovated to perfection in 2018, this light-filled home is a celebration of indoor-outdoor living, w/expansive windows framing unobstructed water views &an open floor plan ideal for entertaining. The wraparound private deck offers front-row seating to endless sunsets &salty breezes, while the 3rd flr space-w/its own rooftop deck &hot tub hookup-provides a tucked-away haven for relaxation or play.The luxe primary suite is a sanctuary in itself, featuring a cozy gas fireplace, spa bath & floor-to-ceiling water views. A flexible 1st flr BR doubles as a home office, while the oversized 3+ car garage ensures ample storage for all your beach essentials.The Guest Cottage (318)adds over 832 sq ft of living space w/2 BRs & 1 full bath-perfect for guests, extended family/inlaws, or as a lucrative rental. Currently rented month-to-month, this charming cottage has a strong rental history &consistent demand. Set on .27 acres w/privacy, the property includes a maintained dock w/direct access toPine Creek & LI Sound. 3961 sqft is total for both 318&320 Current owner pays $618/year for Flood Insurance for FEMA compliant main house (#320); Cottage (#318), which is not FEMA compliant (but has never flooded), pays $963/year. Cottage would need to be raised 6ft to be FEMA compliant. The annual month to month rental income for the cottage is $42,000 ($3500/month). The cottage has easily rented while the current owner has owned the property and current tenant would very much like to stay.