Character cottage with awesome guest cabin! This nicely updated year-round home sits on a mature, 0.39-acre lot with 100' of prime, Little Shuswap Lake waterfront. The lot offers privacy and features manicured grounds, shrubs, tall timbers, tons of room for parking, a gorgeous beach wall, and an epic sandy beach with deep water and southern exposure! This bright 2-bedroom cottage features a classic design with large windows in the main living area, vinyl plank flooring, good sized bedrooms, 3 sun drenched decks, ample storage, and a luxurious bathroom. Just a few steps away is a quaint, single-room cabin with a full bath, and its own sundeck, perfect for your summer guests. From here you'll have direct access to all that the Shuswap has to offer including world class boating, hiking, biking, wining & dining at Jack Sam's Restaurant and golfing at Talking Rock golf course. It is important to note that this must be an all-cash purchase seeing as periodic lease properties are not CMHC approved. Lease is good until 2054, annual rent payments of $14,600, rent review every 5 years. With a history of leasehold waterfront properties in the area, having offered multiple leases over time, there's a strong precedent already set that indicates the likelihood of securing a new lease or an extension to the current lease, when the time comes. With that said, this is not a guarantee. Gather more info, see more pictures, and then give me a call to view this one, you will not be disappointed!