THE PERFECT BEACH RETREAT! Welcome to North Village Loop in The Villages of Five Points. This pond front penthouse condo has been recently renovated with a new HVAC unit, all-new laminate flooring, and fresh paint throughout. Highlights include an open-concept floorplan with nine-foot ceilings, spacious bedrooms, large eat-in kitchen with breakfast bar, laundry room, and screened-in porch. Moreover, the guest bedroom/bathroom and owner's suite are on opposite ends of the unit, providing maximum privacy. The owner's suite features its own walk-in closet, an attached full bathroom, and exceptional views of the pond. The screened-in porch also overlooks the pond and is a great space to relax with your morning coffee or evening cocktails. Unit has its own storage room with plenty of space for all of your beach gear/bicycles. The Villages of Five Points is a completely self-contained community with its own town center offering a grocery store, pharmacy, 24-hour gym, salon, spa, bank, and many great restaurants. Community amenities include a community center, two pools, eight tennis/pickleball courts, two miles of walking/biking trails, recreation field, multiple parks, and playground. The community is conveniently located east of Route 1, beside the Lewes–Georgetown Bike Trail, only a few miles to downtown historic Lewes, and only six miles to the Rehoboth Beach boardwalk. With the potential for over $30,000 in annual rental income, this unit would make an excellent investment property as either a long-term rental or a vacation rental. You can enough money renting it out weekly in the summer to cover your mortgage and expenses for the year and use it for yourself the rest of the time, making this essentially a free vacation home. Call today to learn more!