Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Welcome to a rare opportunity in the prestigious Magnolia Island community, a lakefront estate on the highly sought-after Johns Lake Chain offering 1.37 acres of space, privacy, and breathtaking sunset views. This 5-bedroom, 4-bath residence is perfectly positioned with direct lake frontage and a floating dock, making it ideal for boating, entertaining, and embracing the true Florida waterfront lifestyle. From the moment you enter, you're greeted by formal living and dining spaces that set the tone for both elegance and functionality, while the tri-split floor plan provides exceptional privacy and flexibility for everyday living or hosting guests. The kitchen features granite countertops and newer appliances, seamlessly connecting to the main living areas and overlooking the screened pool and expansive lake views. The home is move-in ready and beautifully maintained, while still offering the perfect canvas for a buyer to bring their own modern vision and personalized updates to elevate it to the next level. Designed for versatility, the 5th bedroom serves as an ideal in-law suite or private guest retreat with its own bathroom and covered patio access. The primary suite is a true retreat, featuring brand-new hardwood flooring, a large walk-in shower with a soaking tub, dual half baths, and a spacious walk-in closet. Throughout the home, you'll find a blend of hardwood and tile flooring, along with a newly refurbished fireplace that adds warmth and character. Step outside to your private screened lanai and pool area, where wide-open lake views and some of the most stunning sunsets in Clermont create an unforgettable setting. The 3-car garage includes a third bay equipped with a mini-split AC-perfect for a workshop, gym, or climate-controlled storage. Significant updates provide peace of mind, including a new roof (March 2026), new pool pump (2026), replumbed (2024), and recent exterior/interior paint. Adding to the home's appeal, the community boat ramp and dock are located immediately adjacent to the property, offering unmatched convenience for lake access. Ideally located just minutes from shopping, dining, hospitals, the Florida Turnpike, and Montverde Academy, this property combines luxury, location, and lifestyle. Whether you're looking for a move-in ready lakefront home or the opportunity to create a custom luxury masterpiece, this Magnolia Island estate delivers both. *Aerial photo property lines are an estimate and to be verified by buyer.