*PRICE IMPROVEMENT*A rare opportunity to own a magnificent .85 acre lakeshore estate on the famous shores of Lake Dora. Over 5,000 sq. ft. of living space and more than 200 ft.of pristine lake frontage,this completely renovated Cape Cod offers a lifestyle of luxury, breathtaking sunset views, & unparalleled flexibility.Arrive through a tranquil zen garden with a peaceful pond & choose between two inviting entrances.Step inside to a timeless foyer, where stained glass windows and an elegant chandelier cast a warm glow, leading you into a dramatic hallway that hints at the classic craftsmanship throughout.This multi story home is designed for both grand entertaining and intimate daily life.Features 3 bedrooms and 3.5 bathrooms,with with room to expand, you're also protected by a whole home generac generator .The main level includes a bespoke Library, anchored by a wood burning fireplace and a wall of windows overlooking the lake.This space,which was the original 1st floor primary suite,can easily be reconverted with its en suite bath and private entrance to serve as a 4th bedroom or a private mother in law suite.The award winning chef's kitchen is a dream,featuring Wolf and Sub Zero appliances,a multi functional island with a gas wok burner and refrigerator drawers,two warming drawers,and handcrafted hickory cabinetry.Adjacent to the kitchen, a sunlit breakfast nook overlooks the grounds,while a formal dining room provides the perfect setting for dinner parties and holiday gatherings.The heart of the home is the unforgettable Great Room.Exposed beams and a striking floor to ceiling stone fireplace with a grand mantel are framed by a massive 22 foot picture window,capturing postcard perfect views of Lake Dora.For more formal gatherings,the elegant living room, known as "The Red Room," offers a second wood burning fireplace and timeless charm.Step onto the large circular wooden deck to watch spectacular sunsets over the water.Below, discover your own curated edible landscape,a sanctuary garden brimming with fruit trees, fresh herbs,& dedicated greenhouse for the avid gardener.Additional private decks and a large front balcony overlooking the zen garden provide quiet spots for morning coffee or evening reflection.The grand basement reveals a remarkable climate controlled cedar wine cellar and an exceptional bar and entertainment lounge.This space is complete with a cooktop, dishwasher, and a luxurious bathroom with a double vanity and a walk in travertine shower with a rain shower head.With its own entrance, this level is ideal for guest quarters, a rental apartment, or the ultimate entertainment lounge.(Note: The lower level's square footage is in addition to the public record of 4,151 sq. ft.)A 115 square foot art studio off the Library, equipped with a sink, is perfect for a workshop, hobby room, or creative space. An additional 500 sq. ft. of finished attic space presents an opportunity to add even more value, bringing potential living space to nearly 5,500 square feet.The property comprises two waterfront parcels. This offers the unique potential to retain a sprawling legacy compound or, with the appropriate city approvals, explore the possibility of a future build site, a concept already met with positive feedback from the City of Mount Dora Planning department.This is more than a home;it's a waterfront sanctuary where classic elegance meets modern luxury, just waiting for its next chapter. See attachments for survey and floor plans