318/320 Pine Creek Avenue, Fairfield CT 06824

Vacation All Year Round! Direct Waterfront Home with Separate 2BR Cottage offers endless LI Sound views, large dock and spectacular sunsets. #320 (Main House) was beautifully built in 2018 and is 100% FEMA compliant. This perfect beach home is a light filled 4BR/4Bath, direct waterfront dream with deep water dock and direct access to both the Sound and Creek. The gourmet kitchen and great room seamlessly bring the outside in and flow onto the spacious wrap around deck, ideal for entertaining and dining. The luxurious primary suite with gas fireplace and floor to ceiling panoramic views offers endless tranquility while the finished 3rd floor space with outdoor deck and hookup for hot tub provides lots of hangout options. 3 additional private bedrooms with 3 full baths, including a 1st floor bedroom option which also works beautifully as an office. A 3 car garage underneath with plenty of storage for kayaks and paddle boards offers endless possibilities. #318 (Cottage) is an additional 832+sqft 2BR/1Bath guest cottage and provides tons of options as either an additional living space or as an income producing investment. Cottage is currently rented thru June 2024. .32 acres provides for privacy and completes the premium beach location.

Current owner pays $618/year for Flood Insurance for FEMA compliant main house (#320); Cottage (#318) which is not FEMA complaint (but has never flooded) pays $963/year. Cottage would need to be raised 6ft to be compliant. Current tenant has rented cottage for 4 years and current lease ends June 30th, 2024. The annual (below market) rental income for the cottage is $40,800 ($3400/month). Deep water dock is 100% legal and certified, current owner has never had a boat but was told the dock could safely hold a boat with up to a 3ft draft.