Experience year-round enjoyment at this unique, stunning property on Lake Winnipesaukee, featuring a charming 3-bedroom home on site. Nestled on the coveted and private Oak Island, one of the rare islands with a bridge allowing year-round access and home to just 4 properties, this residence offers breathtaking views in every direction. Enjoy stunning sunrises to the East, the majestic White Mountains to the North, and picturesque sunsets to the West. Situated on a peninsula in a serene cove with a cove, this property boasts a grandfathered deep-water dock, accommodating two boats and jet skis. Located in a peaceful NO WAKE zone, where you'll experience undisturbed, tranquil waters gently lapping at your shores. The current home has some mold issues that can be remedied, and the bathrooms need renovation. Once addressed, you'll be able to enjoy a charming, single-level residence steps from the lake. OR, if you envision building your dream home, the seller has approved permits and plans for a stunning, 3-story residence featuring four bathrooms, two office spaces, and floor-to-ceiling windows offering panoramic views of the lake. This 7,200 sq. ft. home is designed for luxurious living, maximizing land and water.For snowmobile enthusiasts, the garage includes a rear opening, allowing direct access to the lake for winter fun. All permits and architectural plans are fully approved, and a builder is ready to begin construction on short notice. Open House Sat. Oct 7-btw 11-12:30pm