YOUR OWN LAKEFRONT SANCTUARY! Offering a much sought after Loomis Lake location, this delightful waterfront home is designed for both relaxation & recreation. Whether you are launching a kayak for an afternoon of leisure, or launching your boat for a morning or early evening of fishing, or just unwinding on your 28' spacious deck overlooking the lake, this property delivers the ultimate lake lifestyle. The main level offers a nice sized great room with an abundance of natural light, a vaulted ceiling, and patio doors leading to the massive deck. There is also another set of patio doors leading to the back porch area. The large primary BR (22'x10') offers charming built-ins adding to its appeal, as well as a wall of windows allowing you to wake up every morning to breathtaking water views. The kitchen, dining area, a full bath, & a brand new combination washer/dryer complete the main level. Upstairs you will find 2 additional BR's, one which also offers incredible lake views, as well as a 3/4 bath. The large 2.5 detached garage offers ample storage space for lake toys. NOW, HERE IS THE UNEXPECTED BONUS....the walk out basement, which also faces the lake, offers a 594 SF BRAND NEW FINISHED AREA including a full kitchen & eating area, a living room area, a sleeping area, and a full bath which also contains a brand new washer/dryer combination. This is all BRAND NEW and offers an incredible opportunity for flexible related living, a private guest quarters, OR a possible income producing Airbnb/short term rental space with its independent access. Home sits near the end of a dead end street, so traffic is minimal. This is a rare Valparaiso find that offers both a wonderful personal retreat along with a potential investment opportunity.