Escape to lakeside living at 264 Falcon Point in Onalaska! This 5-bedroom, 4.5-bathroom home spans nearly an acre in a gated community with low taxes, a community pier, and no rear neighbors backing to a natural tree reserve. Designed for multigenerational living, it features two full levels connected by an elevator. Upstairs offers 3 bedrooms, 2.5 baths, a full kitchen, utility room, spacious living area, and deck with peaceful lake views. Downstairs includes 2 bedrooms, 2 full baths, a second full kitchen, and direct access to a wraparound covered patio—ideal for guests, in-laws, or rental potential. Outdoor amenities include a permanent play structure, covered fire pit area, and an above-ground pool. Whether you’re seeking a full-time residence or vacation retreat, this property blends comfort, flexibility, and outdoor fun with serene privacy just moments from the lake. Don't miss this one!