RARE LAKEVIEW MULTI-GENERATIONAL ESTATE OR INCOME PROPERTY ON TWO LOTS! Perched in one of Lake County's most desirable and sought-after communities, this move-in-ready property offers breathtaking panoramic lake views that must be seen in person to be fully appreciated. Located in a safe, tight-knit residential neighborhood, this unique opportunity combines flexible living, strong rental potential, and future development possibilities. Featuring 5 bedrooms and 5 full bathrooms, the property is currently configured as three separate living spaces, making it ideal for multi-generational living, vacation rental use, or investors seeking strong cash flow potential. The upper unit offers spectacular lake views, 2 bedrooms, 2 full bathrooms, its own garage, indoor laundry hookups, newer stove, and an expansive vantage point overlooking the water. The lower unit features 2 bedrooms, 2 full bathrooms, its own garage, indoor laundry hookups, newer stove, and a private patio perfect for outdoor enjoyment. The studio apartment boasts brand-new premium waterproof laminate flooring, a sliding glass door leading to its own private patio. Situated on two separate lots, the property offers exceptional flexibility. Keep the lots separate and explore the possibility of building an additional home, or merge them into one larger parcel. As an end-of-street location, the property extends to the roadway, providing added privacy with no neighboring home on one side. Additional highlights include: New carpeting in both 2-bedroom units Stoves less than 2 years old Indoor laundry hookups in both
Listing provided courtesy of August Schmitt of August Schmitt Realty Solutions. Last updated . Listing information © 2026 PACIFICSOTHEBYSFULLSANDICORCOMBINED.