Sited on a picture perfect lot overlooking Lake Caroline in Cape Neddick, is this 3-bedroom cape that seamlessly blends comfort and functionality. This well-maintained home offers a unique opportunity for income generation with a studio apartment above the attached two-car garage. Located just minutes from the beaches and downtown areas of Ogunquit and York, this property is perfect for both year-round living or seasonal getaways. The home is situated in a private, wooded neighborhood, providing a peaceful retreat. The open-concept floor plan features a cozy living room with a wood-stove inserted fireplace and vaulted ceilings. The dining area opens to the rear yard and two patios, ideal for entertaining, and the updated kitchen boasts quartz countertops and stainless steel appliances. Adjacent to the kitchen, the four-season sunroom is the perfect in-home office or additional guest quarters, with views of Lake Caroline across the street. Single-level living is made easy with the primary bedroom, a full bath, and a laundry room all located on the first floor. The second floor includes a bedroom suite, a spacious loft, and a flex room currently used as a bedroom. The studio apartment above the garage, accessible through the mudroom, features its own full bath and a mini-split system for cooling. The outdoor spaces are equally impressive, with a freshly painted exterior, a shed, a treehouse with electricity, a paved area with a basketball hoop, a firepit, and an outdoor shower. The home is equipped with an air radon mitigation system, a water filtration system, a new oil tank and furnace, and is wired for a generator. With its prime location, this home provides easy access to all the seacoast has to offer, making it a true gem in Cape Neddick.