Here is your unique opportunity to own lakefront property on a private 40 acre lake. This "Diamond-in-the-Rough" offers you an opportunity to get your foot in the door of this wonderful lake community at a steep discount. The home offers lots of square footage, a great floor plan, a master on main, tons of storage, a huge yard and so much more! Does it need some work? Absolutely! But with some updates and improvements, you'll love living in this unique home in Lake Lucerne Estates. The living room features cathedral ceilings, a gorgeous stone fireplace, and not one, but TWO decks overlooking the backyard. The principal bedroom, located on the main floor, features separate walk-in closets, a spa-like bath with double vanities and a whirlpool tub. The large kitchen is equipped with a natural gas range, and a matching dishwasher, and refrigerator. And the finished basement provides additional living space, another garage/workshop, and an additional bath. Storage is no problem here: there are TWO garages - a 2-car garage up front and a 1-car garage down below (perfect for storing your boat, lawn equipment, and tools!) Lake Lucerne Estates is a lake community, featuring a voluntary membership which provides lake, dock, and irrigation privileges. While this home needs some TLC, it has been priced to reward a buyer who can envision its full potential.