Welcome to 119 Larkspur Lane, a beautifully renovated WATERFRONT home in the gated Lake of the Woods community! **Priced below its recent appraised value and with motivated sellers, this is an incredible opportunity to own more than 75 feet of private waterfront while stepping into immediate equity.** Approved for short-term rentals, this property offers exceptional flexibility as a primary residence, vacation retreat, or income-producing investment. Completely renovated and move-in ready, this home features 4 spacious bedrooms, 3 full bathrooms, and a fully finished walkout basement offering flexible space for entertaining, guests, a home office, or multi-generational living. The updated kitchen features granite countertops, stainless steel appliances, and modern finishes, opening to bright living spaces designed to take advantage of the beautiful waterfront setting. Step outside onto the refinished deck and experience the lifestyle that makes this property truly special. With more than 75 feet of private shoreline right in your backyard, mornings can start with coffee overlooking the water and afternoons can be spent kayaking, paddleboarding, boating, or fishing without ever leaving home. For buyers looking for additional flexibility, the property is **approved for short-term rentals**, creating the opportunity to enjoy the home personally while also exploring its income-producing potential. Lake of the Woods offers an impressive collection of amenities, including two lakes, multiple beaches, swimming pools, an 18-hole golf course, clubhouse dining, fitness center, marina, walking trails, tennis and pickleball courts, equestrian center, playgrounds, and year-round community events. **Waterfront. Renovated. Priced below recent appraisal. Short-term rental approved. Motivated sellers.** Whether you're searching for a full-time waterfront home, weekend getaway, or investment opportunity, 119 Larkspur Lane delivers a rare combination of lifestyle, flexibility, and value. **Don't overlook this opportunity. Schedule your private showing and bring your offer!**