This is the ONE you've been waiting for! Over 18 unrestricted acres in Pamlico County featuring a charming main home, tiny home, and established RV sites already producing monthly income -- with room to expand and grow even more. Whether you're looking for privacy, a homestead, or an investment opportunity, this rare property offers the flexibility to live, rent, or do both. Coastal character meets modern construction at 687 Alligator Creek Road in Merritt, NC. The 2-bedroom, 2-bath main home offers approximately 1,150 square feet and was built in 2001 with longevity in mind, including pressure-treated materials and a durable metal roof. Flood insurance is not required where the home is located. Inside you'll find tongue-and-groove walls and ceilings, wood flooring, tile accents, and custom cabinetry with copper inlay. The home features central HVAC plus two mini-split systems, a 10KW Generac generator with transfer switch, and a wired ADT security system. Enjoy covered front and back porches, a circular driveway, and plenty of space for boats or recreational vehicles. Additional improvements include a 24' x 24' wired workshop with concrete flooring and a 12' x 12' outbuilding. Located minutes from area boat ramps, the Neuse River, and the Pamlico Sound, this property offers privacy, income potential, and room to grow -- all in one.