Welcome to The Estates at Living Waters, an extraordinary gated community in the heart of Larkspur, conveniently located between Castle Rock and Colorado Springs yet miles away from it all! Enjoy luxury lakefront living in this exclusive covenant-protected community centered around a private 12-acre recreational lake. With only 12 estate lots averaging 35 acres, the property offers exceptional privacy, scenic surroundings, and year-round recreation. This fully renovated custom two-story home features 4 bedrooms, 5 bathrooms, and 3 fireplaces, designed to capture stunning lake views and seamless indoor-outdoor living. The primary suite offers expansive views, a five-piece spa bath, and a spectacular walk-in closet. The finished basement includes a home theater, game room and wet bar for added entertainment space. Approximately 800 feet of private shoreline borders the trout-stocked lake, allowing waterskiing, wakeboarding, kayaking, and fishing in summer, plus ice skating and ice fishing in winter. A separate 1,164 sq. ft. guest house includes one bedroom plus a loft, one full bathroom, a full kitchen, and a lakefront deck-ideal for guests or extended family. Outdoor amenities include a sandy beach, private boat dock with lift and cover, gazebo with gas lava rock fire pit, pond with stream and waterfalls, and a large built-in hot tub with Covana cover. The front courtyard features an enclosed recreation area for year round enjoyment. The property also includes a heated 1,800 sq. ft. toy/RV garage with five garage doors, epoxy flooring, and a bathroom. An HOA-approved barn may be constructed if desired. Horses are welcome and the property offers direct access to miles of trails. Bordering Douglas County Open Space and the Lincoln Mountain Trailhead, residents enjoy direct access to hiking, biking, and horseback riding trails with abundant wildlife. A rare opportunity to own a premier Colorado lakefront estate combining privacy, recreation, and resort-style living.