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 four 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 cove. 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. The garage includes a rear opening for snowmobile enthusiasts, allowing direct access to the lake for winter fun. The building variance plans have been approved