This cottage-style home offers a unique opportunity to live surrounded by nature with quick access to Lake Grapevine. The existing home, being sold As-Is, is ideal for those looking to renovate or rebuild. Enjoy lake views from the deck, and direct access to the water via a short walk down the street to a quiet cove. Live in the cottage while planning your dream home, or remodel and expand to suit your lifestyle. This lot presents a rare opportunity to build your dream home on a stunning, one of a kind .68-acre heavily treed lot that backs to Corps of Engineer land with views of Lake Grapevine in the distance! Nestled in the quaint and secluded subdivision of Shady Point Acres on a private road, you'll feel that you're living in the country with deer walking through the property even though it's minutes from upscale dining, shopping, and entertainment at Lakeside DFW. Highly rated public schools feed into the coveted Flower Mound HS. Outdoor enthusiasts will love the short walking distance to drop a canoe or a paddleboard into a quiet cove on the lake, and to access Northshore Trail, a 19 mile out-and-back hiking and biking trail! Lake Grapevine, a 7,280-acre lake, also provides excellent fishing and boating opportunities, equestrian and nature trails, plus numerous parks and camping grounds to explore. Only a 20-minute commute to DFW International Airport. No HOA.