EXCEPTIONAL LAKEFRONT property boasts a SPACIOUS 0.294-acre lot with over 100 feet of shoreline, presenting an ideal location for a luxurious lake lifestyle. Positioned on the Peninsula in the MOST POPULAR AREA OF POSSUM KINGDOM LAKE, the site offers close proximity to marinas, restaurants, fuel stations, and boat ramps, ensuring a harmonious blend of seclusion and convenience. This is a rare opportunity to acquire a piece of waterfront paradise in one of the most desirable areas. The BOAT DOCK IS SITUATED ON DEEP WATER, facilitating easy access to boating, fishing, and other recreational activities. A grandfathered lakeside deck offers unique possibilities for future enhancements. Additionally, this property has significant POTENTIAL TO GENERATE VACATION RENTAL INCOME. The existing two-level home can be utilized immediately and also offers scope for future renovation. Alternatively, the home could be replaced to accommodate a brand-new lake house on land valued at $900K plus site improvements. Experience breathtaking sunrises and sunsets over expansive lake views, surrounded by mature oak trees that impart a mountainous ambiance while remaining within Texas.