Under contract-accepting backup offers. Price improvement, price improvement price improvement! Just reduced Lakefront retreat with breathtaking panoramic views of Lake Kathryn. This beautifully renovated waterfront home offers the perfect balance of modern upgrades and relaxed lakeside living, ideal as a full-time residence or a peaceful weekend escape. The redesigned kitchen is a standout, featuring all-new appliances, built-in ovens, a cooktop with hood, built-in refrigerator, a striking new island with farmhouse sink, and a custom built-in wet bar designed for effortless entertaining. Extensive interior improvements include a completely rebuilt subfloor, new drywall and ceilings, BC plywood walls, and durable waterproof laminate flooring throughout. One primary bathroom is finished and includes a new vanity and toilet. A second primary bathroom features a sink and toilet only and remains unfinished, providing a blank canvas for completion of the shower and final build-out. Enjoy cozy evenings by the wood-burning fireplace, morning coffee on the inviting front lanai, or sunset gatherings on the expansive rear deck overlooking the water. The outdoor space is complete with a private boardwalk and a 12' x 20' floating pontoon dock, offering direct lake access and peaceful water views. Additional features include a large detached two-car garage, workshop space, a spacious storage shed, and generous indoor-outdoor living areas. Conveniently located near the Ocala National Forest, the property offers access to outdoor recreation and hunting opportunities, while also being easily accessible to both Volusia County and Lake County. True lakefront living with modern craftsmanship, flexibility, and unforgettable panoramic views of Lake Kathryn.