An increasingly rare opportunity in an unbeatable location. Just two houses from the lake, with a stunning waterfront esplanade at your doorstep. Set on an ultra-private tree lined street, known for its distinctive custom homes full of charm and character-all just a short walk from downtown. This property gives you options. Move right in and enjoy over 2,700 sq. ft. of thoughtfully designed living space, where an open kitchen, breakfast area, and family room span the back of the home, complete with gas fireplace, wall-to-wall windows, and double doors leading to a spacious deck. Two formal front rooms retain the home???s original charm, offering the perfect balance of elegance and comfort. Upstairs, the four-bedroom layout includes a stylish primary suite with raised ceiling, walk-in closet, and private ensuite. The finished lower level adds even more flexibility, with a rec room, two additional multi-purpose rooms, and a two-piece bath. Professionally designed grounds with irrigation, garden shed, numerous plantings and double drive with newer Maibec exterior. Want to build? The RL3-0 zoning allows for up to 3,200 sq. ft. above grade without a variance, giving you the freedom to create something truly exceptional. Whether you choose to enjoy the home as-is, rent it out as a land-banking strategy, or design something new, this is a property that will work with your vision. Opportunities like this are far and few between.