Rarely does a property offer the perfect balance of lake lifestyle and investment potential. This renovated 4-bedroom, 3.5-bath residence sits on two parcels totaling approximately one-half acre, offering expansive lake views from every primary living space and a proven history as a high-performing short-term rental. Designed with modern comfort and timeless appeal, the home features an open, light-filled interior with large picture windows that frame the surrounding natural beauty, creating a turnkey property that is equally suited as a private lakeside retreat, full-time residence, or income-producing investment. Outdoor living is equally impressive, with a spacious deck built around a mature shade tree, a hot tub, fire pit, grilling area, and direct access to kayaking, fishing, and all the recreational opportunities of lake living. Ideally located just 5 minutes from Little Elm Beach and the public boat ramp, 30 minutes from DFW International Airport, and 35 minutes from Dallas Love Field, the property offers convenient access while maintaining the serenity of a true lakeside escape. The surrounding neighborhood is one of the area’s most desirable hidden gems, where charming original lake cottages blend seamlessly with beautifully renovated and newly constructed homes. This evolving waterfront community offers enduring character, strong appreciation potential, and an authentic lake-town atmosphere. An established and professionally managed short-term rental, the property maintains approximately 65% occupancy and consistently attracts vacationing families as well as guests attending events at the 10+ nearby wedding venues. Proven Rental Performance:• 2024 Gross Bookings: $131,357• 2025 Gross Bookings: $124,907 Whether you’re seeking a turnkey investment with immediate cash flow, a fun vacation home, or a primary residence with the opportunity to generate supplemental income, this exceptional lakefront property presents a truly rare opportunity.