Welcome to lake life on beautiful Lake Allatoona in the highly sought-after Galts Ferry area. This rare waterfront property offers 3 bedrooms, 2 bathrooms, and sits on a gently sloping .42-acre lot with an easy, walkable path to the water. Originally purchased in 1956, this property holds a rich history, beginning with a charming 2-bedroom, 1-bath cabin that still stands today as the terrace level. The main home, built in 1985, offers comfortable living with the primary suite on the main level and multiple outdoor spaces designed to take in the natural surroundings. The exterior has just been freshly painted, enhancing both curb appeal and long-term maintenance, while new appliances add modern convenience inside. Enjoy three separate decks, perfect for morning coffee, quiet evenings, or entertaining along with a private 2-story dock ideal for boating, swimming, and soaking in lake views. The lot is truly special, featuring mature landscaping, including plantings that are over 150 years old. The lower level offers incredible potential, with space to finish into an additional 2-bedroom, 1-bath living area complete with a kitchen. Separate septic systems for the original cabin and main home provide added flexibility. Located just minutes from both Downtown Woodstock and Downtown Acworth, this property offers the perfect balance of peaceful lake living with convenient access to dining, shopping, and entertainment. Whether you are looking for a full-time residence, weekend retreat, or investment opportunity, this is a rare chance to own a piece of Lake Allatoona history.