Exquisite Lakefront Retreat with Investment Potential! Discover the charm & opportunity of this luxury lake house, a rare find in today's market. Nestled on a prime waterfront lot, this home offers breathtaking lake views, spacious interiors, and unmatched potential to become a premier lakeside escape. While some renovations are needed to restore it to its full grandeur, its solid foundation and high-end architectural details provide the perfect canvas for customization. At this unbeatable price, it presents a wise investment opportunity for those looking to own premium lakefront property at a fraction of the cost. A modern architectural masterpiece uniquely positioned atop its private aerie on 3.05 acres of unparalleled serenity. This iconic property perfectly marries modern sophistication with expansive south-west lake vistas. Step through the front door into an open-concept layout, where breathtaking water views grace every window. The living room unveils a striking marble fireplace & an abundance of windows designed to highlight deep water panoramas while bathing the interiors in natural light. At the heart of this captivating home is a stunning modern kitchen incorporating clean lines, sophisticated stone countertops, & stainless appliances. Friends will love to gather around the oversized island flanked by the fireplace, providing a welcoming space for daily living. The kitchen flows into the cozy keeping room for a more casual setting or to the breakfast room. Enjoy dining al fresco on the rear screened porch. Sparkling stone flooring unifies the spacious living room & adjoining dining room & kitchen, creating an inviting space for both relaxation and entertainment. Retreat to the main floor primary suite boasting privacy. This space includes separate vanities, a large jetted tub, walk-in shower, & water closet complete with bidet. Intricate ornate details & wood ceilings add warmth & comfort. Working from home becomes a pleasure in the expansive study with custom built-ins & stunning lake views, just steps away from the primary suite. Ascend the study's spiral staircase to the top floor loft & be awestruck by the views & guest en-suite. A grand curved stairway leads to the expansive terrace level, an entertainer's dream equipped with wet bar, living area, space for billiards, media room, & home gym. Three guest bedrooms with walk-in closets & two full baths provide additional privacy & boast lake views. The terrace level is complete with a safe room/wine cellar, a flex room that is ideal for a bunk room, & a secret room. A rear staircase off the kitchen offers less formal access to the terrace level. Each floor maximizes windows to face the lake for the perfect focus on an abundance of outdoor living space. Savor the private & scenic vistas from the wrap-around porch & deck or step outside the terrace doors to embrace the oasis. Extend your day around the limestone decking pool overlooking the lake. The paved cart path makes it a breeze to access your private deep-water single slip dock with party deck & 350' of shoreline. Boating enthusiasts will appreciate the new boat lift. You will love the location - located in a highly regarded school system & just minutes from Historic Downtown Gainesville, exceptional restaurants, boutiques, & outstanding healthcare. With a little vision, this hidden gem will transform into a stunning retreat, offering both lake living and increased property value. Don't miss this chance to craft your dream lakefront haven!