320 Pine Creek Avenue, Fairfield CT 06824

Direct Waterfront Home with Separate 2BR Cottage, LI Sound views, large dock and spectacular sunsets. #320 (Main House) is 3129 sf, 100 percent FEMA compliant and was completely renovated in 2018. This perfect beach home is a light filled 4BR/4Bath, waterfront dream with direct access to both the LI Sound and Pine Creek. Expansive windows and open floor plan allow natural light to flow seamlessly throughout. The spacious private wrap around deck is ideal for relaxing and entertaining. Luxurious primary suite w/fireplace and floor to ceiling panoramic views offers endless tranquility. The finished 3rd flr space w/large outdoor deck and hookup for hot tub provides extra hangout options. The 3 private bedrooms w/3 full baths, including a 1st flr BR/office option and a 3+ car garage underneath offer room for all and plenty of storage for the many necessary beach house toys. #318 (Cottage) is an additional 832+sqft 2BR/1Bath guest house and provides tons of options as either an additional living space or as an income producing investment. Current tenant is month to month, paying $3500/month, and would love to stay if new owner is interested. .27 acres provides for privacy and completes this premium beach location. Current owner has maintained DOCK but has only used it for launching tubes, kayaks and paddle boards, however DOCK by right can be rebuilt to better service boats if needed. RETaxes were just reduced by Town by over $12K.

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.