Welcome to 4300 Old Spanish Trail, a unique waterfront property nestled along peaceful Spanish Lake in Iberia Parish. This spacious home sits on a generous 98x396 ft lot and offers the flexibility of residential or commercial use. Currently designed with a reverse floor plan, the ground floor provides space for a business opportunity, while the upper level features 2 bedrooms, a loft, and the main living areas -- perfect for those seeking a live/work lifestyle or an income-producing setup.This is a rare chance to own waterfront property just minutes from Lafayette, complete with tranquil lake views and a gravel road that circles the lake for easy walking and leisure. No jet skis or airboats are allowed, preserving the peaceful ambiance. The nearby boat launch adds extra convenience for fishing or paddle activities.Inside, you'll find real wood cabinetry and spacious rooms filled with natural light and the soothing sounds of nature. With a 3-car carport and ample parking, this property is ideal as a fixer-upper or investment property. Whether you're looking for a quiet retreat, a business opportunity, or an income-producing rental, this property offers unlimited potential on Spanish Lake!