TAKE ADVANTAGE OF ANOTHER PRICE DROP! Don't pass up this opportunity to secure your lakefront property at an unbeatable value that offers a prime "close to downtown Gainesville" location, lakeview, privacy, and no HOA dues or restrictions. The home size and style makes the perfect primary or secondary residence or rent now and relocate later. Conveniently located 15 minutes from the historic Gainesville square, this updated ranch home offers all the charm and relaxation of lakeside living. Enjoy tranquil mornings and evenings on the deck while sipping your favorite beverage, entertaining guests or simply enjoying personal meditation time. Also available for boating and fishing enthusiasts is a short 5-minute drive to Laurel Park to launch a boat. It's all about a tranquil and peaceful setting on this north lake peninsula as the property borders Corps of Engineers land that stretches to the very end of the point - offering extended lake views and privacy. Additionally, the property includes a circular drive and parking pad for multiple vehicles. Interior features include luxury vinyl plank floors on both floors; 3 bedrooms on the main floor including a large primary suite and bathroom; 2 additional bedrooms with a jack and jill bathroom and double vanity; an open and spacious great room highlighting a gas-logged stone fireplace, and a vaulted wood beam trimmed ceiling; separate dining room adjoined by a large kitchen with new Bosch refrigerator; a Whirlpool oven with gas cooktop, granite counter-tops, and tiled backsplash. A finished terrace level, with private entrance and deck, completes this home and can be used for an apartment or in-law suite. Special features on this level include a wood-paneled family room, fireplace, a home office, an additional bedroom, work-out room (or can be a 5th bedroom if needed) and a full bathroom. Step out onto the expansive upper or lower wood deck for morning coffee, afternoon cocktails and outdoor dining while listening to the sound of passing boats or watching a picturesque sunset. Other noted features include natural gas connected to the home, for gas heat, gas cooking and gas logs. This property does not have a private dock but has plenty of lakefrontage. The convenience of the location provides an easy drive to downtown Gainesville, grocery stores and retail shops, public and private schools, a variety of restaurants, Northeast Georgia Medical Center, Brenau University and the Atlanta Botanical Gardens Gainesville location. Also, only a 30 to 45 minute drive to North Georgia wineries and mountains. No HOA so ideal location for considering a short-term rental, Airbnb, VRBO. Can't beat the desirable location, privacy, and lake atmosphere at an affordable lake home price. Move-in ready!