Located in Lexington's coveted Island subdivision, this spacious home offers an exceptional lifestyle being near to water, a generous .40-acre lot, and an abundance of potential. The inviting floor plan features a huge great room with a gorgeous stone fireplace and plenty of room for family and friends to gather. The kitchen offers a large island and extensive cabinetry, complemented by separate living and dining spaces and a spacious utility room. The main-level primary suite features an updated bath and enough space for both a bedroom and sitting area. A charming screened porch, accessed from the primary bedroom, provides a wonderful spot for morning coffee or quiet relaxation. Two additional bedrooms and a full bath complete the first floor. Upstairs, discover a fantastic bonus area with two additional bedrooms, a common living space, and a full bath-ideal for guests, older children, a home office, or flexible living arrangements. Outside, the oversized patio and expansive backyard provide plenty of space for play, entertaining, gardening, or simply enjoying the outdoors. This home has been a special place with the best of memories made, and now it is ready for someone to bring its next chapter to life. With its sought-after Island location, spacious layout, and .40-acre lot, this is an exciting opportunity to create something truly special.