The magnificence and rarity of this waterfront opportunity are beyond words. Situated on a bluff lot with panoramic views of Lake Ann, this impeccable home has retained its charming up-north cabin origins (beamed ceiling and stone fireplace) and enhanced it with modern updates (kitchen, bathrooms, windows, roof, flooring). The 116' of private waterfront features a hard sandy bottom, a cement seawall, and a new dock. Situated at the north end of the lake, you'll enjoy inspiring sunrises and sunsets over the full length of the lake. A separate, adorable guest house (737 sqft) sits right at the water's edge and features 2 BR/1BA, living room, dining room, kitchenette, and walk-out basement storage for water toys. And yes, short term rentals are allowed! As if this wasn't enough, this amazing property is situated on nearly one acre of land, and the dwellings are positioned more than 250' from the road. With a 26'x22' garage, a cute garden shed, and a 24'x48' pole barn, there is more than enough room for all of your vehicles, hobbies, and storage needs. The setting is very quiet and private, although you're still within walking distance of the quaint Village of Lake Ann and coffee shop, brewery, and grocery. If you need the amenities of a larger town, Traverse City is only 25 minutes away. This magnificent property truly does have it all!