Investor Special and an absolute rare find! This incredible walkout rambler sits on a sprawling, larger-than-average lot directly overlooking a serene pond in the highly sought-after Diamond Lake neighborhood. Whether you are an investor looking for a prime project or a buyer ready to build instant equity in a spectacular location, this is the canvas you've been waiting for. Major value-adds are already in place: the seller will have a brand-new roof installed prior to closing, and the home is outfitted with MAC windows to ensure peaceful, quiet living. The location is completely unbeatable. Enjoy your morning coffee with tranquil water views, take a scenic stroll around adjacent Diamond Lake, or hop on your bike to explore the vibrant shores of Lake Nokomis and the Minnehaha Creek trails. You are just minutes from premier neighborhood hot spots—grab brunch at Heather's, authentic eats at Guava's Cuban Cafe, or a famous Juicy Lucy at the 5-8 Club. Bring your vision and design ideas to unlock the massive potential of this pond-front oasis. Opportunities like this in South Minneapolis do not last long!