This is a great opportunity for investment. Live in the existing home then build later or hold as a rental until a later time. The home has an awesome view of the lake and offers wide unobstructed views of the great natural water front setting. Although the home was built in 1975 and may pose some financing issues, this would be the perfect opportunity to finance through a construction loan where the loan funds in 2 parts. The lot alone is valued at near asking price. Then home could be occupied for any part of 12 month period required to get a replacement structure in place. This option would allow a buyer to replace with a new manufactured home or build.
