This lovely lakefront two-level ranch house is well-sited on a gently sloping 1.11 acre lot on a quiet cul-de-sac in the private Penn Cove community. The home offers beautiful views of the lake from nearly every room. With five spacious bedrooms (one of which is brand new) and a bonus room, there is ample space for accommodating family and guests. The kitchen and bathrooms have been recently updated. The main family room, featuring a stunning natural stone fireplace, is bathed in natural light from vaulted ceilings and skylights, and opens onto a deck that is an ideal spot for grilling and outside dining. The spaciousness of the lower-level means there is plenty of room for a tv viewing area, a pool table, exercise equipment, a laundry room, a utility room, and storage closets. This level also opens onto a spacious lower deck that is perfect for entertaining or relaxing in the hot tub. The lot has 157 feet of pristine shoreline, offering a private sanctuary for relaxation and recreation. A Class A dock with an extra wide sitting section is ideal for sunbathing, watching sunsets, or jumping off into the tranquil waters of Penn Cove. Penn Cove is a 24/7 minimum wake zone, ensuring calm waters for swimming, paddleboarding, and kayaking - all without the noise of speeding power boats and jet skis! Offering a large circular driveway, the property ensures easy boat maneuvering and ample guest parking. In addition, the property comes with a spacious detached garage that can accommodate two large boats, an upper shed for lawn maintenance equipment, and a lower shed for storing wakeboards, kayaks, tubes, and paddleboards. The large outdoor space also includes a tunnel slide and playground area for kids to enjoy. Despite its secluded setting, the home is conveniently located just minutes from restaurants, grocery/convenience stores, downtown Oakland, and Wisp Mountain. Call today to preview this gem and discover the perfect blend of lakeside fun, privacy, and convenience!