Beloved Skaneateles village landmark, currently operating as a successful Bed & Breakfast, and now being offered as a stunning residence. 2 W Lake St is a premier desired location; at the edge of the commercial / historic district; across the street from iconic lakeside Clift Park, anchoring a waterside row of private residences, and adjacent to Skaneateles' best restaurants and local shops; this lovely Victorian is a once in lifetime opportunity to own. Spectacularly renovated for modern living, but thoughtfully designed to showcase original hardwood floors and vintage tile, bevelled and leaded glass windows, hand carved pocket doors, and soaring ceilings. The first floor features a grand foyer highlighted by a Waterford chandelier; leading to two timelessly classic living rooms overlooking the lake and park; an elegant sun filled dining room; cooks' kitchen (nicely appointed with granite island & countertops, new stainless appliances, and recently professionally painted); beautiful library with side porch (option to use as a first floor bedrm), half bath and laundry / walk-in pantry complete this floor. The second floor features four primary suites; bathrooms host vintage tile with updated vanities, bedrooms newly painted with custom closets installed. The third level boasts a bonus room spanning the entire top floor with amazing panoramic water views from each distinctively unique window. This versatile space with current half bath and kitchenette (no oven) would make a wonderful rec / game room, primary bedroom escape, or home office. The gated exterior areas present an expansive wrap-around porch with mahogany floors, detached 2 car garage w/ updated mechanicals, well-tended mature gardens, and brick paved parking area. This superb location affords residents the convenience of being steps away from launching a kayak and swimming at the park access, frequenting Skaneateles' festivals, specialty shops and award-winning restaurants, and all that the charming village has to offer.