Incredible, waterfront listing on Terry Cove, showcasing vast bay views; enjoy unbeatable sunsets from the multilevel, 5BED/3BA home or on the private, deeded boat dock. Boaters can really appreciate a deep-water, fresh water supplied, covered dock with lifts and potentially room for multiple boats, jet skis, etc. and over water storage. Take advantage of having 2 separate dwellings on each level, creating the perfect potential for a large Mother-in-law suite or rental on the lower level. The main level (2nd level) holds 3BED/2BA with travertine/granite floors throughout, flagstone masonry wood-burning fireplace, vaulted ceiling, quartz/granite countertops, and access to 3 divided balcony spaces. A huge, screened-in portion (21 X 20 w/ ceiling fan) off the living room splits 2 other balconies off 2 bedrooms; 1 of which is covered and leads down to the partially fenced yard and large (740 SF), covered patio right outside the lower level of home. Downstairs, the remaining 2BED & 1BA reside; enjoy a large open living space (LVP flooring) w/ a second full kitchen holding milk quartz/granite counters and a second spacious laundry room. Other features include a well w/ sprinkler system and a detached, 2-car garage w/ power/water and an RV pad with 50-amp service (w/ cable, sewer, & water for any size RV)! This home's location is truly exceptional; aside from boat travel, reach Pleasure Island Tiki, Master Joes, Orange Beach Hardware, the Orange Beach Rec Center, and more in only a 5-min golf cart ride. Schedule a showing to come take a look at this spectacular listing, today! Buyer to verify all information during due diligence.