A rare opportunity to build in one of the most desirable locations at the start of Lake Wallenpaupack, just moments from Ledgedale Marina. This 2nd-tier waterview lot is located in the low-dues Indian Rocks community, offering lake access and the ability to walk from your home directly to community docks, perfect for embracing the lake lifestyle without sacrificing privacy and tranquility. The community includes lake access, a pet beach, fishing pond, pool, gym, tennis & basketball courts along with a pavilion & larger community room for your use. What truly sets this property apart is the extensive pre-development work already completed, saving you significant time and cost. The current owner had planned a short-term rental and completed key steps including DEP perc testing, property survey, and thoughtfully designed house blueprints (that can be yours) for a 32x32 two-story home with a deck overlooking the water. The plans include setbacks, a proposed driveway, and an approved 1,500-gallon 3-compartment septic system. Water and electric are available at the road, and minimal clearing is needed to open up some of the best views on the lot. Short-term rentals are allowed with a community permit and township approval, making this an excellent opportunity for an STR investment, long-term rental, full-time home, or the perfect vacation escape. You can move forward with the existing plans and resubmit for approval or design a larger custom home up to 35 feet in height, to fully capture the surrounding river, lake, and mountain views. Surrounded by nature, the property features abundant wildlife, deer, mature blueberry bushes, and breathtaking sunset views, creating a peaceful setting ideal for a private retreat, full-time residence, or income-producing getaway.Properties like this are increasingly rare: Riverview, walkable lake access, low HOA, prime location, and valuable groundwork already in place. Don't miss the opportunity to invest or live the lake lifestyle!