Luxurious 4,067 sq. ft. lakefront estate in Lake Placid, FL, featuring a separate guest house, large lap pool, and an expansive enclosed pool area seamlessly connecting the main house, guest house, outdoor kitchen, and bar area. The main house offers 3 bedrooms, 3 bathrooms, and an open kitchen with double sets of French doors leading to the pool. The completely separate 2 bedroom, 1 bath guest house includes its own full kitchen and living room, providing privacy and convenience for your guests. Situated on 1.2 acres with 125 feet of lakefront on Lake Red Water, one of the area's premier ski lakes, this property includes a private dock, boat lift, and sandy beach. Lake Red Water, approximately 50+ acres in size, is known for its ideal skiing conditions and is home to professional skiers who train on the lake. The lake also accommodates sea planes, which frequently take off and land on the water. The home has been meticulously maintained, with no settling or foundation concerns, and has passed all wind mitigation inspections, keeping insurance rates steady. The plumbing has never had any issues, and the home is in excellent condition, reflecting the care and attention given by the owners. Recent upgrades include a new roof (2024), solar panels, a seawall, fencing, and new A/C units. Located on a quiet dead end street with minimal traffic, the lake connects to two additional navigable lakes: Lake Little Red Water and Lake Francis. Lake Francis, approximately 550 acres, is a crystal clear, spring fed lake with a sandy bottom, making it great for boating, fishing and water activities. It also features a public boat ramp for easy access. Conveniently located less than four miles from Lake Placid and Publix, with full access to popular delivery services such as Instacart and Uber Eats.