Here's a truly rare opportunity! A chance to own a very unique lakefront parcel only a mile from Hwy 180. The property totals 4.08 acres in two parcels and fronts on the northeastern end of Drake Lake with direct access off of Ruth Hill Road. This property has been improved with an older mobile home that is, frankly, in terrible condition. Is it fixable? Probably, but with a lot of effort. That aside, it's a great property.
The home is a 1983 Broadmore with 3br2ba. The home has an elevated location overlooking Drake Lake. Drake Lake is a private pond of about 8 acres when full. A total of eight properties have frontage along the lake boundary. The property is in two parcels, a main parcel of 3.59 acres with the mobile home and a smaller parcel of 1/2 acre that has the well. Both parcels are being sold together. The terrain is fairly gentle, sloping up from Ruth Hill Rd. and then down to...
The home is a 1983 Broadmore with 3br2ba. The home has an elevated location overlooking Drake Lake. Drake Lake is a private pond of about 8 acres when full. A total of eight properties have frontage along the lake boundary. The property is in two parcels, a main parcel of 3.59 acres with the mobile home and a smaller parcel of 1/2 acre that has the well. Both parcels are being sold together. The terrain is fairly gentle, sloping up from Ruth Hill Rd. and then down to the lake. The land is fairly open with a nice mixture of oaks and rock formations plus a neat western view looking over the lake.
Negatives? The home is in extremely poor condition. It has been vacant for several years. The exterior walls have severe woodpecker damage and a section of the roof over the living room has collapsed. In addition, there is moisture damage in several rooms. Can it be repaired? Probably, but it will take a lot of work and it won't be cheap.
The real value is in the property. It has a terrific location close to the highway and I can't tell you how rare it is up here to have a lakefront parcel.
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