Seller is offering an incredible incentive by paying the annual State lease fees (currently $38,550/year) through the next scheduled auction in August 2029. If the buyer voluntarily participates in the 2029 auction, the seller will cover all lease payments through that date. If the buyer chooses not to participate, the lease continues through December 31, 2039 under the existing lease terms (buyer takes on lease dues after 2029) Private, boat-access-only lakefront retreats like this rarely become available. Set on 2.95 acres with an impressive 330 feet of pristine shoreline, this property offers a sandy beach, breathtaking north-facing lake and mountain views, and a grandfathered Trex deck at the water's edge that could not be built today. The 3-bedroom, 1.5-bath cottage is designed for easy lake living with sinks in every bedroom, plus a separate lakeview bunkhouse for additional guests. Offered fully furnished with power and septic already in place, it's ready to enjoy from day one. A private trail system connects neighboring boat-access properties, adding to the unique charm of this waterfront community. Offered as improvements only with a State lease currently in place through December 31, 2039.