Location, Location, Location! Just minutes from the lake, this spacious and versatile 4-bedroom, 2.5-bath Colonial offers incredible living space and exceptional income-producing potential. The main home features an inviting open-concept living and dining room with beautiful tile flooring throughout the first level, creating a bright and seamless flow that's perfect for everyday living and entertaining. The oversized kitchen offers an abundance of cabinetry and workspace, making meal preparation a breeze. A private mother/daughter suite provides its own 1-bedroom layout complete with a spacious full bathroom, comfortable living and dining area, and a fully updated kitchen. Adding even more value, the property includes a separate backyard rental unit featuring 1 bedroom, 1 full bathroom, a full kitchen, living room, and dining area, offering excellent flexibility for rental income or additional living space. Step outside to enjoy the beautifully designed outdoor entertaining area, complete with a charming pergola perfect for relaxing or hosting family and friends. Conveniently located close to the lake, shopping, schools, and major roadways, this unique property is a rare opportunity offering space, versatility, and endless possibilities.