Welcome to 617 Cape Fear Boulevard, a spacious coastal retreat ideally located in the heart of Carolina Beach. Offering 4,044 square feet of living space with five bedrooms and four full bathrooms, this well-appointed home combines generous living areas, thoughtful upgrades, and an unbeatable location just moments from the beach, restaurants, shops, and everything island living has to offer. Inside, soaring 9-foot ceilings and vaulted ceilings in the family room, dining area, and primary suite create an open and inviting atmosphere. Wide-plank hardwood floors run throughout the home, complemented by solid-core interior doors and upgraded sound-dampening construction, including insulation in interior walls and sound-dampening rods beneath the first floor. The mud/laundry room offers convenient access from the porch which is perfect for furry friends and/or active kids. The home is equipped with a wired audio system, wired for a whole-house generator, and features three new mini-split HVAC systems on the ground floor for added comfort and efficiency. A standout feature of the property is the private in-law suite that also serves as an exceptional income-producing opportunity. Complete with a full bathroom, living area, kitchenette, laundry, covered porch, separate entrance, and its own dedicated driveway, this space offers flexibility for extended family, guests, or short-term rental use. The suite is currently generating approximately $30,000 in annual gross rental revenue, providing valuable supplemental income while maintaining privacy for both owners and guests. The exterior has been freshly painted and is equally impressive, featuring an oversized two-car garage with epoxy floors, abundant storage, abundant deck space and metal roofing for durability and coastal resilience. Hurricane shutters protect the second level, while large covered and screened outdoor living spaces provide the perfect setting to enjoy Carolina Beach's coastal breezes. The beautifully landscaped property showcases 22 Sabal palms, mature landscaping, a koi pond, rain garden, outdoor shower, wired storage shed, and a fully fenced yard. Situated on a generous 150' x 125' corner lot, the property offers ample parking, direct access to nearby bike and walking paths, and a dedicated area ready for a future pool. This exceptional home delivers the rare combination of size, quality construction, income potential, outdoor amenities, and prime island location, making it an outstanding opportunity to enjoy the best of coastal living in Carolina Beach.