PRICE IMPROVEMENT. Reduced $125,000. Ultimate Coastal Versatility: Dual-Living Potential in Ocean Forest! Discover the perfect blend of coastal charm and investment savvy at 308 Live Oak Street. This stunning sound-side retreat, built in 2017, offers a rare ''house-and-a-half'' configuration, making it an ideal choice for a primary residence with a guest suite, a multi-generational family home, or a dual-unit rental investment. Highlights: Direct Park Access. The property uniquely backs up to the serene McLean-Spell Park. Enjoy nature at your doorstep with a private trail leading from the back of the house directly to the park's scenic walking trails-perfect for morning strolls or dog walking. Top-Rated Rental History- This property is a proven favorite among visitors, boasting an impressive 4.97-star rating as a short-term rental. The dual-unit setup allows for maximum flexibility; you could live in one level and rent the other, or continue managing both as highly successful independent vacation stays. Two Independent Living Spaces: The upper level features a spacious, sun-drenched open floor plan perfect for entertaining. The lower level has been recently updated with a stylish, modern ''beach bungalow'' vibe-adorable, convenient, and completely private. Turn-Key and Ready: Home is being sold unfurnished but all furnishings are negotiable. Exclusive Beach Access: Enjoy the ultimate Emerald Isle perk-membership to a private oceanfront parking lot for just $100 a year. Skip the public crowds and drive straight to the sand whenever you wish. Sound Side Serenity: Located in the sought-after Ocean Forest subdivision, you are just steps away from public sound-front access, perfect for kayaking, paddleboarding, or catching legendary NC sunsets. Whether you are looking for a peaceful permanent residence or a ''ready-to-go'' income producer with two separate rental streams, this property delivers. Don't miss this rare opportunity to own a piece of paradise with built-in flexibility.