Incredible opportunity to own a prime piece of property on private Stanton Lake with a large private beach area & elevated deck overlooking the water! Located just north of E 500 N & south of Tippecanoe Lake, this ranch with a walk-out lower level on 4.86 magnificent acres has lots to love & much to offer from the oversized detached barn/garage to the amazing setting with gorgeous nature views all around. Built in 1946 this 2 bedroom, 1 bath home does need a bit of TLC but it has solid features like the fantastic original hardwood floors on the first level & the expansive lower level that will truly shine once they are tidied up. Tucked far away from the road at the end of a long driveway with many tall trees & various other shrubs & bushes providing additional privacy, the multi-use outbuilding has 2 entrance points, 1 single vehicle garage door at the end & a 2 car garage door on the side closest to the house—lots of possibilities with this as it has a vaulted ceiling & workshop area & can be converted according to your needs. Main house has 2 entrance points as well as a nice front porch with room to hang out linking them both; 1 door opens to a small mudroom/mini enclosed porch & the other to the colorful & cheery kitchen. Eat-in kitchen has everything you need with abundant cabinetry, recessed lighting & wrap around breakfast bar with seating for quick bites; dining zone is next to the railing & stairs leading to lower level. Inviting main living area features a stunning floor-to-ceiling rock fireplace & glass doors that open to walk-out deck. 1 good sized bedroom with 2 closets & window seat off living & 1 comfortably sized bedroom off of kitchen with ample storage throughout. Main floor bath has walk-in shower & hard surface vanity. Impressive lower level is full of potential with the right vision—would make an excellent 2nd living space, home theater/office, etc. Wood paneled walls & ceiling on one side with another area with utilities & laundry & additional storage on the other. Glass door opens to long covered patio great for chilling in the shade & walking out to private beach. Wonderful upper deck is perfect for kicking back & relaxing as you take in the serene atmosphere & peaceful views or dining al fresco. Lake offers idyllic swimming experience with sandy beach & intimate rowing opportunities. Are you ready to have your best summer yet from your very own slice of country lake house heaven? Reach out today!