KNOLLWOOD BEACH - Here is the opportunity! A Raised Ranch sitting OUT OF THE FLOOD ZONE on a wide .98-acre lot offering possibilities rarely found this close to the shoreline. Offered for the first time since it was built, enjoy it now, generate rental income or LAND BANK this nearly one-acre parcel while planning something much more commodious for tomorrow. Knollwood is renovation active, with 4 projects currently underway surrounding this home - a proven location for substantial improvements and new construction. Recent upgrades include a new 200 AMP electrical panel, central A/C and forced-air heat. Additional work is being completed to bring the home to move-in condition prior to the active date, including painting, flooring and tree work. Downstairs is made for entertaining with a family room, newer wood stove and built-in wet bar with sink, plus additional living space, workshop, laundry and half bath. The wide driveway circles around back to the one-car garage. Step onto the rear deck for marsh views and a spacious backyard with room for a firepit and outdoor gatherings. Enjoy the association beach, pier and walkway, clubhouse, tennis/pickleball, basketball, baseball field and playground. Use it today while considering the tremendous potential this unique piece of Knollwood Beach Association holds for tomorrow.