Welcome to 720 Bancroft Avenue! Ideally located just two blocks from Monroe Bay and the Potomac River, this unique property offers flexible living space and a prime location in one of Colonial Beach’s most sought-after areas. The main home features an inviting covered front porch and an open-concept kitchen, dining, and living area, perfect for gathering with family and friends. Two bedrooms and a full bath are located on the main level, while the entire upstairs is dedicated to the primary owner's suite — complete with a spacious bedroom, full bath, living room, office nook, and a Juliette balcony offering a true private retreat. The 800 sqft detached addition/guest house expands the possibilities, currently used as a game room with a kitchenette, full bathroom, and a loft-style bedroom. This flexible space is ideal for multi-generational living, an in-law suite, or even an income-producing rental. Outdoor amenities include a custom gazebo, fire pit, swings, and a storage shed, all within a private and low-maintenance setting. Whether you're looking for a full-time residence, a weekend beach house, or a property with rental potential, this home fits the bill. Located just minutes by golf cart to the beach, boardwalk, pier, restaurants, and boutique shops of downtown Colonial Beach.