Waterfront retreat on beautiful Lake Palestine! This charming stone A-frame offers the perfect blend of cozy lake living and income potential. The open floor plan features a living area with a stone WBFP, dining area, and kitchen, all with tile floors & designed for gathering with family and friends. The primary bedroom, bath, and utility closet are conveniently located on the main level, while upstairs you'll find an additional bedroom and large bath. Step out onto the private balcony from the upstairs bedroom and take in breathtaking east-facing views across the lake, where spectacular sunrises and moonrises create the perfect backdrop for peaceful mornings and relaxing evenings. Outside, the tree shaded backyard invites you to unwind around the lakeside patio and firepit or stroll down to the fishing pier to enjoy all that lake living has to offer. Just steps from the main home is a separate guest house complete with living & sleeping area and full bath with laundry, providing ideal accommodations for guests or additional rental opportunities. Attached carport and storage shed offer plenty of room for lake toys and equipment. Currently operating as a successful short-term rental, this property is located in one of the few neighborhoods on Lake Palestine that still allows short-term rentals, making it a rare investment opportunity as well as a wonderful personal getaway. The generous Upper Neches River Authority allocation extends beyond the owned lot, creating additional usable waterfront space perfect for volleyball, entertaining, and outdoor fun. Imagine the possibilities at this exceptional lakefront escape!