NEW PRICE! LAKEFRONT - ISLAND PARK RESERVOIR - 1.76 ACRES - 150 FT. OF WATER FRONTAGE - ACTIVE VACATION RENTAL - Come see this EXCEPTIONAL 5 bedroom (plus den or additional bedroom), 4.5 bath lakefront cabin, located in a private gated area of Centennial Subdivision. Views of the lake, mountains and a huge Legacy ranch are visible from the back deck and patio. Amazing features include: Fantastic kitchen w/huge island and enormous dining area with a wall of windows facing the lake, vaulted ceilings, built-ins throughout, 3 beautiful fireplaces (including in the master ensuite), walk out basement leading to a patio and access to the lake. Roomy family room with designated area for pool table, built in bar, 4 bedrooms and 2 baths. Need more space for your guests? There is plenty of room to build a guest cabin and/or shop with guest quarters on this nearly 2-acre parcel! Franks Lane is gated with the boat ramp and community park just a block away. BONUS: Interior all freshly painted, and new carpet. 1.1 acres are also included under water, allowing you to build a pier w/permit. Be sure to click on the Virtual Tour icon to view the 3D tour complete with floor plan and measuring tool. Call the listing agent for more details and showing appt.