Nestled in the charming coastal community of Cedar Key, this truly unique island retreat offers the perfect blend of privacy, character, and breathtaking natural beauty. Situated on two oversized lots totaling approximately 0.76 acres. This elevated property is positioned high and dry outside the flood zone while still capturing peaceful saltwater views across the street. Surrounded by lush mature landscaping, flowering gardens, and winding pathways, the setting feels like your own private botanical oasis. Built in 1998, the split-level residence features approximately 2, 160 heated and cooled square feet with 3, 344 total square feet under roof. Inside, you'll find a warm and inviting atmosphere highlighted by multiple sets of French doors, beamed ceilings, decorative lighting, cozy gas fireplaces on two levels, custom bookcases, breakfast bar seating, plant shelves, and spacious living areas designed for comfort and entertaining. The flexible floor plan includes 4 bedrooms and 3.5 bathrooms, including an upstairs master suite complete with dual walk-in closets, dressing area, sitting space, and private retreat feel. One of the bedrooms is currently utilized as a den and could easily serve as a formal dining room, office, or additional guest space. Step outside and enjoy island living at its finest with covered porches, elevated decks, balconies, and relaxing outdoor spaces overlooking beautifully landscaped grounds with drip irrigation and mature trees. A separate-entry studio apartment connected by elevated walkways and open decks offers incredible flexibility for guests, extended family, or vacation rental income potential. Tucked into its own “secret garden” setting, the guest suite provides a peaceful and private getaway visitors will never want to leave. Additional features include a metal roof, vinyl siding, crawl space and pier foundation, dual-pane windows, central vacuum system, mini split and multiple HVAC units, laminate wood and vinyl flooring, attached one-car garage, long private limerock and shell driveway, underground storm shelter, public water and sewer, and high-speed internet availability. There is plenty of parking space for vehicles, golf carts, boats, or an RV. Located just minutes from downtown Cedar Key by golf cart, you'll enjoy easy access to local restaurants, coffee shops, art galleries, parks, beaches, marinas, and the laid-back charm that makes this island community so special. Whether you're searching for a full-time residence, vacation getaway, or income-producing coastal property, this one-of-a-kind home delivers the perfect opportunity to experience the relaxed “Old Florida” lifestyle.