Rare opportunity on the Peninsula at White Rock Lake! This oversized corner lot at 85 x 154 has been owned by the same family since 1948 and is now ready for its next chapter. Located in one of Dallas's most desirable lakeside neighborhoods, this 3-bedroom, 2 bath cottage is full of original character. Hardwood floors, natural wood doors and paneling, wainscoting, and beautiful wood-clad ceilings in the kitchen and a second room. The home has been superbly maintained, with updates that are both functional and high-quality throughout. Beyond the main house, the property offers separate living quarters above an oversized garage, plus a separate storage unit. The garage provides parking for 2 cars with additional workshop or storage space, and the oversized lot also accommodates RV or boat parking plus room for 2 more large vehicles. This property offers exceptional flexibility with numerous uses. Such as Live in the main house and lease the guest quarters for rental income. Finish out the garage as an independent living space for in-laws or a nanny creating three fully separate living quarters on one lot. Or purchase the lot and build your dream home. Large corner lots like this rarely come available in this neighborhood. Currently addressed on Buckner, the property can easily be re-oriented to a Peninsula address while retaining the benefit of being a corner lot. The location can't be beat! Just steps from White Rock Lake and its 2,200 acre park, home to the Dallas Arboretum and Botanical Garden, the Bath House Cultural Center, the White Rock Lake Museum, large and small dog parks, and miles of scenic trails. Enjoy easy access to great shopping, restaurants, culture, major highways, and both Dallas airports. A true nature lover's paradise in the heart of the city and a rare chance to own a piece of Peninsula history. ***Call agent for showings. Photos will be taken in the coming week.