Positioned in the heart of Crofton with C-2 commercial zoning, this extremely charming and quaint ocean-view property offers exceptional flexibility for live/work opportunities. Previously operated as a successful bed & breakfast, the layout lends itself beautifully to guest accommodations, home-based business use, multi-generational living, or simply a beautiful home for your family. Enter on the lower level where you’ll find two inviting bedrooms, each with its own private bathroom, a third bedroom currently used as an office, and a storage room; ideal for separation of living and workspace, or guest quarters. Upstairs, the bright and welcoming main level is filled with natural light from expansive windows and features a beautifully updated kitchen with a massive quartz island, wall oven, and newer appliances. A cozy sitting area with woodstove, additional bathroom, and access to the ocean-view balcony create an inviting gathering space. The living room sits just beyond, and a stunning spiral staircase connects the main level to the upper floor with architectural charm. The entire top level is dedicated to the primary retreat, complete with a private bedroom, sizeable closets, den area, and 2-piece bath. Outside, the fully fenced yard feels like a private sanctuary with fruit trees, established flowers and plantings, raised garden beds, brick pathways, and drip irrigation. A substantial arbor hosts grapes and flowering vines. Updates in the past four years include a heat pump, hot water tank, new kitchen and appliances, new bathrooms, partial roof replacement, brick paths, and irrigation improvements. Crofton is a lovely seaside community with ferry service to/from Salt Spring Island, a beautiful boardwalk along the ocean, shops, pubs & restaurants, and several other amenities that make this town the perfect place to call home. Originally constructed as a float home and professionally relocated to its current site in 2001.