Rare opportunity on all-sports Townline Lake! This beautifully maintained 4 BR waterfront property offers 2,056 sqft of home living space, as well as a separate cottage, currently a successful 4-person AirBNB rental with established income potential. Situated on two spacious lots, the properties feature lush landscaping, vibrant flower gardens, expansive outdoor living areas, two docks. The Home's first floor was recently extensively renovated in a modern, updated design. Features include a main-floor bedroom and bath, beautiful open living spaces, a 2nd large flexible recreation space ideal for entertaining, creative pursuits, or additional gathering space. If you seek a year-round residence, vacation getaway, income-producing property, or unique opportunity for extended living arrangements, this property offers exceptional versatility. With limited availability on Townline Lake this is a rare opportunity of waterfront living on one property with endless possibilities.