Two outdoor living spaces and a flexible lockout suite make this Colony I condo stand out! Beautifully maintained, this 2-bedroom, 2-bath condo offers 1,139 square feet of comfortable living space, a spacious wraparound covered deck, and a separate screened porch off the lockout suite. Nestled among mature trees, tranquil ponds, and the fairways of Oyster Bay Golf Links, the community is less than a 10-minute drive from Sunset Beach. The open floor plan extends onto the covered deck, creating an inviting space for morning coffee, relaxing in the coastal breeze, or gathering with friends and family. The private lockout suite features its own entrance, bathroom, and screened porch, offering flexibility for guests, a second primary suite, or separate rental use. Both short-term and long-term rentals are permitted by the HOA, including separate rental of the lockout suite, providing additional options for owners. Recent improvements include removal and refinishing of popcorn ceilings and LVT flooring in the bedrooms. A dedicated laundry room and kitchen pantry add everyday convenience, while the well-maintained condition makes this condo ready to enjoy. Colony I amenities include a recently updated community pool, clubhouse, tennis courts, and pickleball courts. The Intracoastal Waterway kayak launch is nearby, along with area golf courses, boating opportunities, shopping, dining, and entertainment. Myrtle Beach and historic Wilmington are within easy driving distance. Lovingly maintained as a second home and not previously rented on the open market, this property offers an appealing option for year-round living, a coastal getaway, or an investment opportunity. Ask about furnishings that convey with an acceptable offer. Schedule your showing today!