Rare opportunity to acquire South side Peninsula Property on Beautiful Possum Kingdom Lake. This sprawling 1.3 acres offers ample opportunity to set your sites on building your lakeside estate amongst the many oaks and natural boulders overlooking the crystal blue waters or enjoy the quintessential lake cabin already in place. This tastefully updated two bedroom cabin offers tons of natural light. Very well appointed, open living and kitchen with large windows, bring the outdoors in. Two comfortably outfitted bedrooms offer cozy space for guests. Large deck for taking in the gorgeous lake views. Nestled in the lower part of the property, you'll find the freshly remodeled 1 bedroom, 1 bath guest bungalow just above the waters edge. Enjoy the nicely shaded private patio with plenty of room to lounge. Deep water covered boat dock for fishing, tying up your boat or other watercraft, or simply enjoying the view from your lounge chair. Ready to Enjoy! BACK ON MARKET NO FAULT OF PROPERTY!