This is a rare opportunity on Monkey Island! This 1.21-acre parcel offers the perfect blend of commercial or residential potential—making it ideal for an investment property, a custom home, or a mixed-use project. Just steps from Grand Lake with a seasonal water view, this lot offers a one-of-a-kind setting that's hard to find. Enjoy direct access to the 5-mile golf cart trail connecting you to restaurants, clubs, marinas, and world-class golf at Shangri-La. Whether you're looking to build, develop, or hold as a long-term investment, this property checks every box.