MAJOR price reduction due to separation of the attached vacant lot. Rare waterfront home in the heart of Brandon, with an acre of scenic views on a private, 20-acre lake, w/ no deed restrictions or HOA. Need space for a large or multi-generational family, home based business, or even a B&B? Want a tenant to help with the mortgage? Search no more! This move-in ready home has 3,503 SF total living area, including a main 4BR/3BA home with a detached 1 BR/1BA rental. Both houses have been updated, including new flooring, windows, roof (2013), and septic (2015). Main house has two master suites, with 1,927 SF and 3BR/2 BAs on the first floor, including a master BR. Entertaining space galore in the sunken living room with a custom-built 12ft entertainment center with storage, and an attached multi-use room. Second floor suite is accessible from outside stairs or inside double door to 800 SF w/ floor-to-ceiling windows and sliders opening to a screened balcony. The bedroom, kitchenette and sitting room all have lake views, and a private bath and walk-in closet complete this stand-alone living area. Detached 1/1 unit (rents M-t-M for $900) has 776 SF of living space w/ walk-in closet, W/D, French door from living room leads to deck with lake view. Grill on the open decks or take in the lake views and wildlife outside. The backyard offers space for family gatherings and outdoor activities like kayaking or fishing. Don't miss this chance to be one of the few to enjoy Chapman Lake and this peaceful location!