DOUBLE LOT ON OPEN WATER! Discover a unique chance to own this expansive waterfront property featuring two lots: Lot 11 & Lot 12 (1951 & 1953 ARROWHEAD DR NE) Situated on Lot 11 is a beautifully renovated home offering 2,800 sq ft of heated living space, plus an additional 500 sq ft BONUS ROOM. This impressive residence includes 4 bedrooms, 3 full baths, and a 4plus-car garage. As you step inside you will be delighted to see 10ft ceilings with gorgeous tongue & groove wood along with Board and Batten on the walls for that elegant coastal feel. The kitchen features quartzite countertops, solid wood cabinets, Stainless Steel Kitchen Aide appliances, a pantry with pull-out shelves, and an island with a cooktop overlooking the water and living areas. There are custom draperies in the living area and plantation shutters on all windows. The primary suite is rather large and has a ensuite bath with whirlpool tub, large walk in shower, dual vanities and huge walk-in closet. Elevated for added protection, the flood insurance cost is only $1,400 annually and assumable. Some of the features include a NEW standing seam roof (2023), NEW seawall (2022), NEW dock (2022), 2 NEW 10k lb. boat lifts (2022). NEW INSIDE RENOVATION COMPLETED (2021), NEW EXTERIOR & INTERIOR PAINT (2021 INT & 2023 EXT). Enjoy the spacious yard, perfect for hosting gatherings under the large TIKI HUT or on the adjacent vacant lot. The entire property has been fenced with decorative aluminum fencing that will stand the test of time. LOT 12 offers endless possibilities: develop it - build a guest house and a pool, subdivide for an additional home or income property, or simply relish in one of the largest waterfront yards on Arrowhead. With a combined area exceeding 15,000 sq ft (0.36 acres), this property represents a dream opportunity for waterfront living. Imagine living on the water with amazing sunrises and sunsets everyday!