Rare 3.07-acre oceanfront estate on Gerrans Bay offers a 120-foot licensed dock and a 40'×12' private concrete boat launch. This gated, private property boasts subdivision potential for future development. The waterfront cottage features two bedrooms, two baths, and sweeping ocean views, while a three-bedroom, two-bath two-story home set on higher ground includes a view deck and covered garage. A 1500sqft workshop with 17-foot ceilings provides ample space for projects and storage. Build your dream home on this spectacular site and live in one of the existing residences during construction, or enjoy multi-generational living and rental income. Just minutes from Madeira Park?s shops, services, and marina, this estate offers unmatched versatility, privacy, and the ultimate coastal lifestyle.