This beautifully renovated coastal property offers a rare opportunity to own a versatile home with exceptional income potential just minutes from Old Orchard Beach. The main residence features four spacious bedrooms and two and a half baths, thoughtfully updated with modern finishes while maintaining a warm, coastal charm. Bright, open living spaces, an updated kitchen, and comfortable flow throughout make it ideal for both year-round living and vacation use. In addition to the main home, the property includes a separate two-bedroom guest cottage situated on its own lot--perfect for hosting guests, generating rental income, or creating a private retreat space. This unique setup provides flexibility for short-term or long-term rental strategies, making it especially appealing for investors or those looking to offset ownership costs. Just a five minute walk to the beach, the property offers easy access to local dining, entertainment, and all the attractions of the southern Maine coast, while still providing a sense of privacy and tranquility.