Investor or Handyman’s Dream! Located in the revitalizing, cozy Blue Water Oaks community on beautiful Lake Alvarado, this unique property offers endless potential. Sitting on three spacious lots, the existing home can be remodeled to create your perfect lakeside retreat—or removed to make way for two new homes! The HOA amenities are outstanding, including a private boat ramp, fishing dock, community pool, playground, on-site trash dumpsters, and even its own fire department—making this an ideal investment in a growing, well-supported neighborhood. Whether you're looking to flip, build, or design your dream lake property, this opportunity is packed with potential. Bring your vision and your tool belt—Lake Alvarado is calling! The seller is willing to review all offers.