If you're looking for the ultimate opportunity for coastal waterfront living with stunning bay views, proximity to the beach, space to entertain friends and family, and a spot for your boat or personal watercraft, then welcome to 38861 Grant Avenue. This home is situated on quite possibly the best available lot in the community offering open bay views, magnificent sunrise and sunset views, yet protection from heavy winds. Located in the desirable Cape Windsor community, this waterfront beach home sits on the end of a deep canal perfectly positioned for immediate access to the Assawoman Bay and easy boat access to all the entertainment opportunities in Ocean City, and only a minutes’ drive to the pristine Delaware and Maryland beaches. The house on the lot is being sold AS-IS. The home can be fixed up for immediate occupancy, renovated, or replaced with a stunning new structure to create your dream home and instant equity. The home features 3 bedrooms, 2 full bathrooms and a large indoor storage area. The kitchen and living space are open concept with views of the canal and bay. The full-size deck allows everyone to enjoy the outdoors. Whether you're sipping your morning coffee, enjoying dinner with friends and family, or simply taking in the beautiful and calming daily sunrises and sunsets. The lot has 50 feet of bulkhead to place your boat or personal watercraft. The concrete driveway provides two parking spaces. Entertainment amenities are only minutes away. Shopping, golf, mini golf, ice cream, nightly entertainment, live performances at the Freeman Stage, and some of the most amazing restaurants on the East Coast. It’s all right here. Come enjoy all the best that the coastal area has to offer!