Discover the potential in this 3-bedroom, 1-bath ranch-style home located in the desirable Lake Winnemaug community. This home offers 1,060 +/- SF of main living area plus 520 +/- SF of finished lower level with potential for another half bathroom plus the two-car attached garage. Set on four tax lots totaling 0.62 +/- acres, there is plenty of open yard space or possible subdivision (subject to zoning approval). Buyer to perform due diligence with the town planning and zoning department. One of the key highlights of this property is lake access via association rights to the beautiful Lake Winnemaug - perfect for swimming, boating, fishing, and relaxing by the water. While this home does not have direct lake frontage, ownership includes access to shared association amenities such as a maintained beach area, designated swimming spots, and a potential community dock. Association fees are approximately $350/year. With some TLC, this property will quickly be back to up to speed for the new owners to enjoy this wonderful lake community.