1515 Lake Shore Drive South

Description

Waterfront Opportunity on Lake of Egypt with Flexible Living + Income Potential Welcome to this unique lakefront property offering approximately 90 feet of waterfront and a layout designed for versatility. The main level features 2 bedrooms, 1 bathroom, and a comfortable living space with access to a massive back deck overlooking the water—perfect for entertaining, relaxing, and taking in the lake views. The lower level is accessed from the exterior only, creating a separate private space ideal for guests, extended family, or potential rental use. This setup opens the door for multiple strategies—use the property as a full-time residence, weekend getaway, or explore supplemental income through short-term, mid-term, or long-term rentals (buyer to verify). Additional features include a 2-car garage, ample storage, and outdoor space built for enjoying the lake lifestyle. Water depth is approximately 6 feet off the dock area. The dock is in need of repair, presenting an opportunity for the next owner to update or customize to their preference. Property is priced with this in mind. Whether you’re looking for a lake home that can help offset ownership costs or a flexible investment in a high-demand lake area, this property offers options that are hard to find. Schedule your showing today and explore the potential this lakefront property has to offer.