Opportunity awaits on this exceptional 9.4-acre waterfront property in the highly desirable Sheldrake community along the west shore of Cayuga Lake. Take in tranquil lake views from the shaded front porch, or enjoy direct access to 220 feet of private frontage complete with a dock and beach—perfect for swimming, boating, and relaxing by the water. This spacious 5-bedroom, 2.5-bath Cape Cod offers flexible living with three first-floor bedrooms, including two with en-suite baths. Inside, you’ll find a cozy wood-burning fireplace, abundant natural light, and sweeping lake views throughout. A backup generator provides added peace of mind year-round. The lower level expands your living space with room for a game area, home gym, or office, along with generous secure storage. Outdoors, the possibilities continue with expansive acreage and a newly restored gable-roof barn—ideal for hosting weddings, events, or creative ventures. A separate shop outbuilding offers even more potential as a studio or guest house conversion. Conveniently located within walking distance to Sheldrake Point Winery, O’Malley’s Tavern, and a public boat launch, and just 15 minutes from Trumansburg, with easy access to Ithaca and Seneca Falls. Whether you’re seeking a full-time residence, seasonal retreat, or investment opportunity, this unique property offers unmatched access to the Cayuga Lake Wine Trail and the best of Finger Lakes living.