Craftsman style ranch boasting 2900+ sq ft, 4 bedrooms and 3 full baths, lake views and the ability to hoist / moor a boat on beautiful Otisco Lake. This stunning custom home is situated on 1.45 acres in the Marcellus school district and seamlessly blends a vacation home feel with year-round living at it's best. Truly a well-built showplace; offering Cherry hardwoods and Mission style accents thru-out. The first floor features a kitchen with custom made Cherry cabinetry, stainless appliances, soapstone counters and center Island, sizable walk-in pantry, and a charming dining area opening to a massive covered deck affording views of Otisco Lake. The Great room offers ample room for entertaining, water views, and is centered on an Arts & Crafts mantled gas fireplace. There are three bedrooms on this level; a primary suite with walk-in closet and nicely appointed renovated bath; two additional bedrooms, spa-like hall bath, home office and multiple closets / storage areas. The finished walk out lower level features a second primary suite, including full bath; expansive rec room with kitchenette; utility room and storage. The beautifully and practically designed outdoor spaces incorporate mature landscaping, sizable patio, covered porch, and carport (designed / built for all-weather protection). Also conveying, 50 ft of shared lakefront located down the street and owned by 5 families. This wonderful opportunity to be "on the lake" allows for dock access & use, hoist or mooring availability, and personal watercraft storage (no parking on this parcel). This versatile property is perfect for single family living; lower level providing in-law, nanny, visiting guest space; or potentially a great vacation rental investment!