Amazing lakefront opportunity in Olde Winter Park! This stunning 1936-built home awaits your improvements, or choose to build your new dream home on the large lot with frontage on Lake Sylvan. Tucked behind lush landscaping, an expansive pavered circular driveway provides plenty of parking and simplifies entry and exit to the property. This location is in the center of Winter Park living, with favorite destinations less than one mile in all directions, including Park Avenue, Rollins College, Advent Health Winter Park Hospital, the Winter Park YMCA, and many more. From the charming entrance to the enchanting lake views, the home is loaded with contemporary updates and an abundance of light and beauty. A convenient downstairs half-bath and both upstairs full baths have been tastefully updated with new fixtures, shower tile, and glass enclosures. The formal living room, set off by a stone front fireplace, is completely open to the casual living area and dining room. A first-floor office makes a tranquil workspace overlooking the water or a potential future bedroom. Gorgeous water views continue through the dinette and into the cozy kitchen for nearly continuous lake views on the first floor. An existing deck could be renovated or redesigned to create an outdoor living area that will welcome your friends and family and provide many years of enjoyment. Tour this one-of-a-kind property today and get ready to live your lakefront dreams!