Panoramic lake and Hill Country views, direct lake access, and exceptional income potential make this fully remodeled Lago Vista retreat a standout opportunity. Designed for turnkey living, the upper level features 3 bedrooms and 2 baths, with a wraparound Trex deck offering breathtaking sunset and water views from nearly every room. A private lower-level entrance opens to a second living space with 2 bedrooms, 1 full bath, full kitchen, separate living area, and private deck-ideal for multigenerational living, guests, or an income-producing short-term rental (STR), subject to applicable rules and regulations. Backing directly to the the private Lago Vista Property Owners Waterfront Park, marina, and fishing well, this property offers exclusive gated access to the lake right from the backyard. Approximately $250K in renovations include Trex decks (2024), dual heat pumps/AC units (2023), Hardi Board siding (2023), windows (2023), flooring (2024), updated kitchen with new cabinetry and countertops (2023), and three beautifully remodeled bathrooms. Nestled on a quiet dead-end street, this home offers privacy while keeping you close to recreation and community events. Bar K Park is directly across the cove, providing a front-row vantage point for Lago Fest, fireworks, hot air balloons, and more-including an incredible seat for July 4th fireworks. Enjoy ownership benefits including community pools, waterfront parks, fitness centers, boat ramps, campgrounds, and more. A rare combination of lake lifestyle, flexible living, and investment potential!