Does The Old Studland Cottage Still Exist, If So Where Exactly Is It?

A Memory of Studland.

I would love to know if this cottage still exists and if it does, exactly where it is.

I have a watercolour of it from 1950s (or earlier), showing this exact view. I also have several old family photos of it from the 1950s and 60s. I suspect it is, or was, situated in Watery Lane and I vaguely remember it from all those years ago, passing it on the way to the beach. I've not been able to find any recent pictures on the internet, although a simple Google search finds numerous vintage postcards of it, proving what a popular view it was. I fear it has been demolished.