Back on market, Priced under appraisal, Buyer's financing fell through! Welcome home to your slice of waterfront heaven on just over 1.3 acres in Lady Lake, Fl, priced just under appraisal. This unique home is a two bedroom one and a half bath, upstairs, but boasts over 2,000 square feet of partially finished basement and garage space and over 1,000 square feet of outdoor living space all with over 250' feet of frontage on Lake Hermosa. Pulling up to your new home, you will have the option of a circular rock driveway leading up to your front door, or a concrete driveway with bonus parking leading down to the garage / lake front. Walking in the front door, you will be greeted by original wood floors throughout the open living area and panoramic lake views out the main rear windows. To your left is a kitchen with newer tile and granite (2018) and solid wood original cabinets that have been refinished over time. Both the main living area and kitchen open up to a large L shaped, wrap around porch that adds an amazing outdoor living option. Back on the main floor are a master bedroom with half bath and a guest bedroom with a full hall bath. Walking downstairs into the split level basement, you will first enter into a "third bedroom" with its own private exit, walk in closet and wall unit. The laundry room is just past this and has two rooms dedicated for it. Just past the Laundry area is a large 21'x23' storage area that could be converted to bonus living space. It has a half bath, and a rear access door to the 50'x18' garage. This garage is designed to drive through with a garage door on each side and an access door to the rear. Currently, the garage is plumbed out for a possible extra living room and kitchenette downstairs. Other pluses include a new Septic Tank and oversized drain field in 2018, new metal roof in 2018, new main drain lines (from cast iron to pvc) in 2019, new A/C in 2018, and new flooring on the deck and interior paint in 2023. This property is 5-10 minutes (depending on traffic) from Spanish Springs / The Villages and 466, US 27/441. Schedule an appointment today! Owners will consider Financing.