So many possibilities with this property!!! Currently being used as Oscar''s Bed & Breakfast with an attached owners'' apartment and separate studio. The combined total of bedrooms and baths for the original home, apartment and studio is 6 bedrooms, 2 full baths and (4) 1/2 baths. This historic home was built in 1940 as a retirement home for Captain Joseph Burrus, keeper of the Ocracoke Lighthouse from 1929 to 1946. Oscar''s is an inviting 1 1/2 story frame home constructed in the Craftsman style featuring a gable roof, three bays, enclosed front porch, the traditional wood shingled siding, 4/1 wood windows, wood floors, paneled doors, and beaded board walls and ceilings. Ideally located one block from Silver Lake Harbor, within walking distance to all the island restaurants, shops, music and galleries. The enclosed front porch of the main home serves as the entry parlor and owners'' office. Following the entry is the spacious living room with custom wood molding and beautiful furnishings. Open the double barn doors to enter the sitting room/library. The custom shelving in this room is large enough to house an extensive library or showcase all your beach treasures! The cook''s kitchen can be accessed by the sitting room/library and/or the hallway leading from the living room. The "L" shaped kitchen/dining combo is set up for a B&B or a single family home with plenty of room to spread out and entertain. The commercial gas cook stove, farm sink, granite and butcher block counters, breakfast bar, and spectacular commercial grade refrigerator make cooking exciting and easy. There is a pantry/laundry room off the kitchen for your storage needs. There are 2 bedrooms (one with private 1/2 bath) on the first floor which share a recently renovated full bathroom. The tall double French doors with custom screens, at the back of the kitchen, lead to a furnished deck area that connects to the "studio". The upstairs of the main home consists of 2 additional bedrooms-each with a private half bath, the back bedroom has doors leading to an additional cozy sleeping loft area that looks down into the kitchen. Beautiful stained glass windows and built in wall drawers on the second floor adds to the historic charm. The owners'' apartment is accessed from the main hall. The apartment consists of one bedroom, a recently renovated full bathroom, living room, kitchen and dining area. The studio consists of 2 separate areas. Currently, one half of the studio is a bedroom with wood floors and walls, an additional loft sleeping area (accessed by a nautical style ladder), a half bath, a retro refrigerator, sink, private deck and large outdoor shower. The other half of the studio is currently being used as storage and jewelry design studio. Additional amenities include: central air/heat (main home), mini-splits in apartment and studio, wood floors, small gas stove in the library for supplemental heat for cooler winter evenings, 2 water meters, 2 on-demand gas hot water heaters, 2 outdoor showers, bike rack and custom wood screening at the entrance of the studio for privacy. This property is set up to be a commercial venture with a separate living space for the owners'', a large weekly rental or a combination of both.