Charming and spacious lakefront retreat situated on two oversized open-water lots with 120 feet of beautiful shoreline on Cedar Creek Lake. This fully furnished, move in ready one story home offers an ideal combination of comfort, style, and income potential, with an established short-term rental history. Inside, you'll find a bright, open layout with large rooms, luxury vinyl plank flooring, and stunning lake views from the main living areas. Recent renovations include a new HVAC, new siding, fresh landscaping, an irrigation system, stone paver walkway to lakeside fire pit and boat house, updated quartz kitchen countertops, new stainless steel appliances, island, sink, and fixtures. The kitchen opens to a breakfast nook with built in hutch, and a generous living and dining area featuring a wood-burning fireplace. A massive bonus or game room with gorgeous vaulted pine ceilings opens directly to the pool patio, making it perfect for entertaining or relaxing lakeside. The home includes two king-size bedrooms and two full bathrooms, along with a custom-built en suite bunkroom that sleeps eight with two full-size bunks, one twin bottom, and three twin top bunks. A double washer dryer setup is ideal for large groups and vacation rental use. Step outside to enjoy your private pool, sandy beach area, a lakeside fire pit, and a spacious boathouse with an upper level party deck offering miles of open water views and unforgettable sunsets. The boathouse is currently usable, and the seller is offering a $25,000 credit for remodel or rebuild. Located in Gun Barrel City the heart of Cedar Creek Lake just one hour from the DFW metroplex and minutes from shopping, restaurants, entertainment, and more. This home is perfect for weekend getaways, full time living, or income producing short term rentals. City registration required for STRs. A rare opportunity to own a fully updated, turn key lake property with space, style, and unbeatable views!