Welcome to your perfect family compound or income-generating getaway! This unique, .92 acre property nestled in the desirable Cedar Beach neighborhood on Bailey Island. There are two homes on this property to enjoy. One is a private, efficient, year-round, one-bedroom home with a custom kitchen, three floors of radiant heat and one-car garage. The other is a three-season four-bedroom house with a propane heater, fireplace and outdoor shower; a large shed with its own wrap-around deck; and a seventy-foot zip line to a treehouse platform - there's something for everyone here! The year-round residence was built in 2012 with exquisite attention to detail and energy and space-efficiency as top priorities. And the seasonal cottage has been meticulously maintained and updated since it came to this family in 1953. The mature landscaping brings privacy to this property unlike any other in this quaint neighborhood just minutes from Bailey Island's Giant Stairs, Land's End and a five-minute walk to sandy Cedar Beach. An automatic generator, wood stove, and Bertazzoni gas range make the smaller house a wonderfully quiet year-round residence, while the seasonal house offers generous space for family and visitors to enjoy an island vacationland. Many summer visitors have enjoyed walks to the beach, reading books in the hammock, fresh pizza baked in the wood-fired oven, and cocktails on the deck. The seasonal cottage has a history as a perfect summer getaway for family as well as an income-generating summer rental for guests from June through October (weekly rental rate $1,200-$1,500); and, since there are parking areas off both Fathom Lane and Cedar Beach Road, two independent parties can occupy the separate houses without interrupting the other. This island gem is a must-see!