Welcome to your own slice of paradise in Captains Cove, one of the most desirable waterfront communities on Pine Island. This beautifully upgraded stilt home is the only property in its price range offering direct deepwater access. Situated on Bokeelias widest canal and just one minute from Jug Creek, the home provides effortless access to Pine Island Sound, Charlotte Harbor, Boca Grande, and the Gulf of Mexicomaking it a boaters dream. The upper level features a bright and open floor plan with a spacious living area, a well appointed kitchen, and a sunlit dining space. Three bedrooms and two full bathrooms offer comfortable and functional living on the main level. The fully finished lower level includes a private entrance to a complete guest or in law suite with its own bedroom, full bathroom, kitchen, living room, laundry room, enclosed patio, and a dedicated workshopmaking it ideal for extended family, visitors, or potential rental income. The exterior of the home has been thoughtfully enhanced for both enjoyment and functionality. A 10,000 pound boat lift, KayaArm kayak launcher, and a steel framed boat canopy by Coastline Boat Lift Covers provide exceptional waterfront convenience. The upgraded dock features elegant blue LED lighting for a tranquil evening ambiance. A newly screened in back porch overlooks the water, creating a serene space to relax and enjoy vibrant sunsets. The expansive limestone rock driveway measures 80 feet long by 20 feet wide and is framed with timber edging and underlayment, offering ample space for RV, boat, and trailer parking. A concrete pad has been added for waste and recycling bins, and the home is accented by a granite rock walkway and a custom lighthouse style mailbox. Since March 2023, the current owners have invested over $100,000 in improvements. Landscaping upgrades include over sixty clusia plants for added privacy, along with blooming hibiscus and a navel orange tree. The carport was enclosed to create a large storage room that can easily be converted into additional living space, and a fully enclosed workshop was built with dual sliding barn doors for added utility. Mechanical and interior updates include a new air conditioning system upstairs with upgraded ductwork, a remodeled upstairs bathroom, and new stainless steel kitchen appliances including a stove and dishwasher. This exceptional home offers a rare combination of direct Gulf access, flexible living arrangements, significant upgrades, and a premier location within a quiet, highly desirable island community. Whether you're looking for a full time residence, a seasonal escape, or an income producing property, this home is truly one of the best values available on Pine Island.