Positioned along the scenic Cape Fear River in Wilmington, this waterfront property offers a rare opportunity to secure expansive water views on almost an acre, a fully equipped semi private dock with boat and jet ski lifts, and the ability to elevate value--all within the sought-after gated community of Shipwatch. With 4 bedrooms and 3 full bathrooms, the home has been thoughtfully improved to maximize both functionality and flexibility. Recent updates include new kitchen countertops, full interior paint, new hardware and fixtures, new elevated storage room below, and new bedroom flooring, along with reconfigured living spaces--converting a former library into a fourth bedroom and transforming the laundry area into additional sleeping quarters--creating ample room for guests, extended family, or multi-generational living. Designed for those who prioritize lifestyle, the outdoor experience is where this property truly stands out. A new private walkway from the back deck leads directly to the dock, complete with a 10,000 lb boat lift and a finger pier with 5,000 lb jet ski lift, offering immediate, turnkey access to life on the water--an increasingly rare and valuable feature to be just a few minutes to Snows Cut Bridge and the intracoastal. Inside, the home offers generous living and entertaining spaces, with a layout ideal for gathering, relaxing, and taking full advantage of the surrounding natural beauty. While some cosmetic opportunities remain, this presents a compelling advantage for buyers looking to personalize the home and capture additional value--without taking on a full-scale renovation. This is more than just a home--it's a chance to create a custom waterfront retreat in a setting where the views, homesite, and boating infrastructure are already in place. Opportunities like this are becoming increasingly difficult to find at this price point.