11696 N Treasure Island Dr, Cromwell, IN 46732

Property Description

250' of Lake Wawasee Channel Frontage, 19 Boat Slips & Rental Income Potential! Enjoy waterfront living with the added benefit of an established boat-slip rental opportunity! This beautifully remodeled 4-bedroom, 2.5-bath ranch offers convenient access to Lake Wawasee, Indiana's largest natural lake, along with 250' of channel frontage and 19 boat slips, including 17 currently rented and 2 available for personal use. Located on the desirable west side of Lake Wawasee, the property offers an appealing combination of updated living space, boating convenience & income potential. Inside, the spacious single-level floor plan features fresh paint, new luxury vinyl plank flooring, updated trim & abundant natural light. The updated kitchen offers white custom cabinetry, granite countertops, custom tile backsplash & a large corner island with seating. The adjoining dining area & generous living room provide comfortable spaces for gathering and entertaining, with large windows overlooking the channel. The primary suite features a walk-in closet & updated private bath with custom walk-in shower and new vanity. Three additional bedrooms provide flexibility for family, guests or a home office, while the updated guest bath includes a dual vanity & new tub/shower combination. A dedicated laundry room is located near the entry. One of the property's standout features is the oversized attached garage, offering exceptional space for vehicles, lake toys, storage or a workshop, plus a convenient half bath. Outside, enjoy the spacious lawn, waterfront fire pit, extensive pier space & easy boating access to Lake Wawasee. With 17 boat slips currently rented, the property offers an established income opportunity that may help offset ownership expenses while allowing you to enjoy your own waterfront retreat. Whether you're looking for a year-round residence, weekend lake home or waterfront investment, this property offers an attractive combination of comfortable living, boating access & rental income potential. Lake Wawasee living with room for your boats and income potential from 19 boat slips!