Welcome to an extraordinary coastal retreat in the coveted Otterbury Rd in Clarkes Beach- where luxury living meets a turnkey investment opportunity. Nestled on a private 2.6-acre, treed lot with an impressive 200' of ocean frontage along Bay de Grave in scenic Conception Bay, this chalet-style executive two-storey is truly one of a kind. The grounds are nothing short of breathtaking, featuring a 20x28 charming guest suite with loft. Now operating as a successful Airbnb, this retreat offers a stylish kitchen, dining nook, two beds, full bath, and laundry, making it a sought-after destination for guests year-round. An additional 16x24 heated detached garage, a charming sitting area with brick fireplace, interlocking brick retaining walls, gazebo, extended deck, and a stunning stone patio with fire pit all add to the home's exceptional outdoor appeal. A custom boardwalk leads you directly to the waterfront, completing this coastal experience. Inside the main home, the open-concept is flooded with natural light and showcases ocean views from nearly every room. The vaulted living and dining area is anchored by a top-of-the-line enamel cast iron, heat-efficient wood-burning fireplace. The beautifully renovated kitchen boasts new quartz countertops, heated floors, and a cozy dining nook overlooking the water. The main floor also includes a stylish office, a two pc bath with laundry, and a side porch with heated flooring. Upstairs, the entire level is dedicated to a luxurious primary suite featuring a walk-in closet, a newly renovated spa-inspired ensuite, and a deep soaking Jacuzzi tub wrapped in ceramic tile. The fully developed basement offers in-floor heating, a spacious rec room with a cozy wood stove now operating as a salon, an above-ground bedroom, full bath, wine cellar, and utility space. There is also a potential for 2 extra beds. A rare blend of elegance, privacy, and income potential! This spectacular property is the ultimate coastal dream. (id:42016)