Create memories that will last a lifetime in this charming waterfront Lake Placid Oasis! Enjoy all that lake life has to offer with a covered boat lift, covered jet ski dock with a lift and an entertainment deck over the lake. At this time, water level has been lowered. The dam is expected to be completed by early 2024, and at that time, water should resume to previous levels however the Guadalupe River still runs through so there is still plenty of water activities/fun to be had. A concrete patio and staircase lead to the property's primary backyard space, which is surrounded by a perimeter fence granting safety for the little ones and pets from the lake. The outside shed provides ample storage for your water toys and accessories. Enter the home, which was fully remodeled and updated in 2009, to find custom cabinetry, stainless steel appliances, granite countertops and an eat-in kitchen. The living room features gorgeous panoramic lakefront views, custom built-in bookshelves, vaulted ceilings, and a cozy brick fireplace. The oversized owner's suite is separate from the other two rooms and offers plentiful storage space and a serene private space. The owner's bathroom provides ultimate relaxation with an oversized walk-in shower and granite countertops. There is a recently installed HVAC (April 2021) and a conveniently located utility room with washer and dryer. Beautiful mature trees surround the property giving the home a lush landscape to welcome guests to and there is an adjacent vacant lot that will not be developed on per restrictions - providing enhanced privacy without the tax bill! No city taxes and STR friendly. Love where you live in this stunning, lakeside paradise!