RARE LAKE MANITOU DEVELOPMENT OPPORTUNITY WITH VINTAGE LAKESIDE CHARM! For the first time ever, this unique property is available—a generational opportunity on Lake Manitou. This offering includes two platted lakefront lots (60' and 40' wide), providing an unparalleled chance to develop or create your ultimate lakefront retreat. Perched on a prime hillside setting, the property offers spectacular views and the ideal topography for sought-after walkout basements on new construction. Build one lakefront estate or maximize your investment by developing two separate luxury homes on the existing platted lots. While the development potential is massive, the property features a delightful, immediately usable 3-bedroom, 2-bathroom cottage. It retains its classic lakeside character, complete with an inviting fieldstone wood-burning fireplace, cedar shake siding, and a relaxing enclosed lakefront porch. Crucially, the cottage has been thoughtfully updated for modern comfort: New HVAC (heat pump, furnace, and mini-splits); New asphalt shingle roof, windows, and water heater; Updated white shaker-style kitchen; New wood laminate flooring throughout. The Choice is Yours: Enjoy the charming, updated cottage now while you plan your future, remodel the existing home, or break ground on one or two new luxury homes. Don't miss this chance to own a piece of prime Lake Manitou real estate with unlimited possibilities!