OPPORTUNITY TO OWN THAT LAKE LIFE!!! Located in the highly desired IVELMAR ESTATES. NO HOA. NO CDD. ADDITIONAL PARCEL 02-26-18-0040-00000-0460 1.55 ACRES, adjacent to property available for $199,000 with purchase of this property giving you a total of 3.88 acres of waterfront land. WOW!!This home immediately WELCOMES you with a large front porch and swing. This Lakefront property has been wonderfully renovated by the current owners. ROOF 6 years new, installed 2015. HVACs replaced 2016 and 2018. Tankless Hot water Heater installed 04/2021. Water softener 3 years new. NEW WINDOWS( There are 4 windows left to replace. They are on order). 2.33 ACRES. 3203 square feet, Custom architecture design and remodeled by professional contractor and designer completed in 2020-2021. 3 Bedrooms, 4 Bathrooms, Plus Office, Open concept kitchen with $50,000 of HIGH-END APPLIANCES, Livingroom, & dining room overlooking the Lake, Game room/Den space with potential for In-Law Suite, Workshop, Home Schooling space, with some plumbing in place, large windows, and plenty of closet storage. Waterfront home with boathouse (with electric) and dock. The boathouse is fully screened and a wonderful place to enjoy the quintessential beauty of Florida. A wonderful location for morning coffee or YOGA. (Spring Fed Lake Madeline allows for trolling motored boats, kayaking, paddleboard, canoe, and fishing.) Partially fenced. This Chefs Kitchen will impress with high-end appliances including a Subzero 36″ column refrigerator and 18″ column freeze with ice maker and internal water dispenser, Miele plumbed coffee-maker, Two built in ovens (one steam), electric cooktop with rear downdraft hood. Bosch 800 series dishwasher, 4 foot galley prep sink, wine fridge, ( all kitchen appliances 1 year new) 2 walk-in pantries (one with built-in wine closet), Large Island for prep and easy entertaining. High-end lighting. Laundry room is large with built-in cabinets and washer/dryer 2 years new. There is a bath with direct access to the newly screened in porch ( with TV) and large extended deck patio overlooking the parklike 2.33 acres and lake. There is plenty of space for an inground pool. Carport holds 4 vehicles. There are two locations on the property that has additional electric one is 30 amp and the other is 2 (20) amp. One has been used for an RV and the other was for a small guest home that is no longer there. Vegetable garden established. The sunsets and wildlife are breathtaking from the back screened-in patio. This home is a must see and will not disappoint!! HOME WARRANTY BEING OFFERED TO BUYER