Discover an enchanting beach cottage that masterfully blends 1930s plantation-style charm with modern convenience at 40 Ae Place. Beautifully renovated to preserve its historic character, this beach house is nestled on a private lane, offering tranquility and close proximity to the restaurants, shops, and boutiques in vibrant Paia Town. Deeded beach access guarantees that beach walks and surf sessions are just moments away. This residence features 3 bedrooms, 2 baths, original hardwood floors, a peekaboo ocean view, 2-car garage, and a separate laundry room. This captivating historic home has been thoughtfully reconfigured into two separate dwellings, with the flexibility to be effortlessly converted into a single, unified living space. The two-bedroom, one-bathroom unit with a full kitchen offers a modest ocean outlook and a covered lanai. The second unit features one bedroom, one bathroom, a wet bar, and a covered lanai just moments from the pristine white sands of Paia Bay. Consider acquiring this property as part of an extensive commercial portfolio comprising eight exceptional properties, including a luxury boutique inn, multiple retail spaces, two restaurants, two beachfront residences, a wedding site, and versatile indoor and outdoor oceanfront event spaces. This unique offering presents an unparalleled investment opportunity in the heart of Paia Town.