Welcome to 549 Island Ave, a beautifully renovated 1920 Cape offering the perfect blend of classic charm and modern amenities. With sweeping water views throughout and spacious living areas, this 6-bedroom, 2 full bath, and 2 half bath home is designed for both comfortable family living and effortless entertaining. The first floor features a versatile layout with two spacious living rooms, a formal dining area, and a generous first-floor bedroom, making it ideal for multi-generational living or guests. The kitchen flows seamlessly into another dining space and den, where large windows invite natural light. Enjoy panoramic water views at every turn and summer evenings on the large front porch. In the cooler months entertain by the wood burning fireplace in welcoming open spaces inside. The home is complemented by mature vegetable gardens, and fruit trees offering an organic touch to the serene landscape,. A detached 18x24 studio that serves as the perfect space for an office, events, or creative pursuits. With the potential to transform this space into something even more, the possibilities are endless. Across the street, you'll have access to the Peaks island tennis courts and the harbour beach, offering an exceptional opportunity to enjoy outdoor recreation and coastal beauty just steps from your front door. Whether you're looking for a serene retreat or an ideal space to entertain, this home offers the best of both worlds-proximity to Portland's vibrant downtown, with the peace and tranquility of a coastal haven.