Welcome to 'Rumor Has It', an expansize 7 bedroom coastal retreat, situated on almost a half acre corner homesite just 3 lots off the Oceanfront in Southern Shores. This property is located in a highly sought after area on Ocean Boulevard, tucked off the main highway with direct beach access and no major road to cross to get to the Ocean. Each of the 7 bedrooms boasts a private en suite full bathroom for ultimate convenience and privacy. The top level offers a spacious and open floor plan with 2 dining areas that seat 10 ppl each, a grand living area with Ocean views, and a light and bright kitchen with granite counters, and an island with breakfast bar. The top level also offers two King primary en-suite bedrooms, a workstation nook, access to a lovely screened in porch, and spacious sun decking with more Ocean views. The mid level features a fun and convenient Rec Room with TV, Pool Table, and Kitchenette. There are 5 additional bedrooms on this level including another King en-suite, 2 Queen en-suites, and 2 Bunk rooms also with en-suite full baths. Enjoy seamless indoor-outdoor living from the extensive covered and sun decking, to the 14x28 custom concrete private pool, which is ideal for cooling off after a fun day at the beach. The opportunities are endless with the expansive carport area where you can set up corn hole, picnic tables, or add a ping pong table, and it even offers the possibility of a future enclosed ground level entertainment area. The entire property is located in an 'X' flood zone, so no flood insurance is required. Not to mention, you will enjoy miles of walking/biking/running trails throughout Southern Shores, and the optional Southern Shores Civic Association offers a community marina with boat launch, sound front park and playground, tennis courts, and over 30 private Ocean beach accesses ... all for just $70/year! The owners have taken great care of this home with recent updates including: New Fortified Roof '24; New Hot Tub '24; New Exterior Paint '23; New outdoor Polywood furniture and more! See the full list of improvements in associated docs and click on the virtual tour link to view the house floor plans!