Opportunity awaits with this pristine 11.4 acre waterfront property in the sought after Sheldrake community along the west side of Lake Cayuga. Look out over the serene waters from your sun-shaded front porch and enjoy easy access to 220’ of private frontage with dock and beach for lakeside recreation. This 5-bedroom, 2.5-bath Cape Cod offers three first floor bedrooms (two with private bath), a wood-burning fireplace, sweeping lake views, and lots of room to spread out – inside and out. New backup generator ensures that you’ll never be without power. Additional lower level square footage allows for a game room, home gym, and/or workspace, along with ample lockable storage. Bring your imagination for the expansive back acreage and newly restored gable roof barn that could be used to host weddings, live music, or other events, with plenty of surrounding space for parking. The shop outbuilding also invites creativity as a studio or converted to a guest house. Walking distance to Sheldrake Point Winery, O’Malleys Tavern, and public boat launch; 15 minutes from the shops and eateries in Trumansburg; and a short commute to either Ithaca or Seneca Falls. Whether purchased as a primary home, summer getaway, or rental investment, this property is prime for accessing the Cayuga Lake Wine Trail and the many year-round attractions the Finger Lakes region has to offer.