Incredible opportunity on Lake Wawasee! Build your dream lakefront home on this expansive .41-acre lot with 75 feet of sandy frontage — while enjoying the updated, move-in-ready 4 bedroom, 3 full bath modern farmhouse already on site. Use the existing home as a guest house, rental, or live in it while you design and build new. The spacious lot offers ample room for a north-side entrance, garage, pool, or additional structures — the potential is limitless. Step inside to a bright and stylish interior featuring white walls, wood flooring, quartz countertops, and a clean, modern aesthetic. The main level includes a sleek galley-style kitchen with stainless steel appliances, mudroom with built-ins, flex/dining space, cozy living room with bay windows overlooking the lake, good sized bedroom, and a stunning full bath with dual vanity and walk-in shower and bonus den/5th bedroom. Upstairs, the primary suite boasts walk-out access to an oversized upper deck with panoramic lake views, ensuite bath, and walk-in closet. Two more bedrooms and another high-end full bath complete the upper level. Outside, enjoy multiple gathering spaces including a new poured concrete patio, steps to the lake, and a generous pier system. The freshly painted navy-and-white exterior offers timeless cottage charm, with mature trees, fencing for privacy, and a back lot across the street for extra parking or storage. Additional features: new roof (2025), 6' privacy fence, two covered entrances. Lake Wawasee is Indiana’s largest natural lake — an all-sports destination with year-round activities and several boat-in dining options. Whether you're looking for year-round lake living, a weekend getaway, or an investment opportunity, this rare property delivers. Pier #217. Reach out today to explore the possibilities!