$164,000

Discover the potential of this exceptional 14.24-acre waterfront property on the northeast end of Lake Moraine.. With over 500 feet of frontage on E. Lake Road and approximately 1,200 feet of water frontage, this stunning and rare parcel offers an incredible opportunity to create a private estate, vacation retreat, organic farm, or long-term investment. The lake is currently at a reduced level while the dam undergoes reconstruction, with completion anticipated in 2027. This creates the opportunity to improve the area by the shoreline before water levels are restored. Once the dam is completed, the lake is expected to further enhance the property’s long-term value and recreational appeal. The level parcel is partially fenced in with livestock fencing, features a gated entrance, and includes a newly constructed 50’ x 30’ barn/stable. A spring fed stream trickles past willow trees through the south end of the property towards to lake, completing a bucolic scene than is so distinctive to Madison County. Electricity is available at the road and the property has the potential to be subdivided into two building lots as part of a previous development plan. Surrounded by picturesque organic farmland and sweeping pastoral views, this is a one-of-a-kind opportunity to invest in the future of beautiful Lake​​‌​​​​‌​​‌‌‌​​​​​‌‌​‌‌‌​​‌‌​‌‌‌ Moraine!