Just in time for lake season! Situated on nearly a full acre directly across the street from beautiful Lake Wawasee, this spacious 4,000+ square foot home offers the perfect blend of location, major updates, and opportunity to make it your own. Enjoy peaceful views of the shared pond right in your backyard while having plenty of room both inside and out to relax, entertain, and enjoy lake living. This home features numerous major updates all completed within the last 6 years, including the roof, boiler, central air unit, water softener, tankless water heater, and large deck; giving peace of mind while still leaving room for your personal style and imagination. Inside, you'll find an incredibly versatile layout with two large living spaces separated by an expansive dining area and kitchen, creating the perfect setup for gatherings and everyday living. The private primary suite is tucked away on its own section of the second floor with separate stair access, offering a true retreat. The opposite side of the upper level includes three additional bedrooms and a full bath. Need even more space? The basement offers a den plus a third living area or potential 5th bedroom, making it ideal for guests, hobbies, a home office, or private living quarters. You'll also love the sunroom just off the large living room with cathedral ceilings, along with abundant basement storage space and a dedicated hobby room. A shed provides even more storage for lake toys, tools, and outdoor equipment. With its incredible amount of space, major mechanical updates, desirable location near the lake, and endless potential, this home is priced to sell and ready for its new owners!