Welcome to 5777 220th Street on Clear Lake in Forest Lake! This well-loved, one-owner home is brimming with potential and ready for your personal touch. Nestled on a 1+ acre lot with the rare option to add a dock for full access to Clear Lake, this property offers the perfect mix of space, versatility, and lakeside living. Picture yourself spending summers boating, fishing, and enjoying the beauty of the lake—right from your own backyard! Inside, the home features 3 bedrooms and 2 baths, including a spacious lower-level mother-in-law suite, perfect for family, guests, or potential rental income. The main level is flooded with natural light, showcasing an open-concept layout. While the kitchen awaits some updating, the possibilities are endless for creating your dream space. The lower-level mother-in-law suite includes its own private entrance, a bedroom, full bath, cozy living area with a wood-burning stove, ample storage, washer/dryer, and a large bonus room. This versatile space could be used for extended family, a guest retreat, or even as a rental unit. Outside, the backyard feels like your own private oasis, with mature trees providing shade and privacy, and a large deck offering stunning views of Clear Lake—perfect for summer gatherings. While the home could benefit from modern finishes, many major updates have already been taken care of, making this a fantastic opportunity for customization. The oversized, heated detached garage with drain tile is ideal for hobbyists, extra storage, or housing all your lake toys! With the chance to add a dock and enjoy all Clear Lake has to offer, this home is your gateway to the ultimate lake lifestyle. Don’t miss out—schedule your showing today and start imagining the possibilities!