Steps from the lakefront in the heart of Old Mandeville, this exceptional property offers a rare opportunity to own a spacious, beautifully designed home with incredible flexibility. Currently operating as the de la Bleau Bed & Breakfast, the property can easily be converted to a stunning private residence, offering the opportunity to create a one-of-a-kind home in Old Mandeville’s most desirable location. Built in 2015 with quality construction and distinctive architectural details, the main residence offers approximately 3,468 SF with soaring ceilings, walls of windows, multiple private suites, and an abundance of natural light. The thoughtful floor plan provides tremendous flexibility for bedrooms, guest accommodations, offices, entertaining spaces, or multigenerational living. A separate 1,988 SF rear home provides additional living space, a home office, or an ideal residence for family, guests, or an on-site caretaker. Exceptional features include an elevator, whole-home generator, spray foam insulation, balconies and inviting porches throughout, providing both comfort and functionality. The property's elevated architectural character, spacious interiors, and flexible layout make it equally suited for a luxurious full-time residence, weekend retreat, or combination of private and guest living. Just steps from the scenic shores of Lake Pontchartrain and within walking distance of Old Mandeville's restaurants, parks, shops, the Mandeville Trailhead and Tammany Trace, this property places you in the heart of the lifestyle that makes Old Mandeville so special. Whether envisioned as a private residence, family compound, guest retreat, or continued hospitality operation, 124 Lafitte Street offers exceptional versatility and an extraordinary opportunity in the heart of Old Mandeville.