First Time on the Market in 28 Years! This 3-bedroom, 3.5-bath waterfront home with 79' of shoreline is located in the highly sought-after Spanish Shores subdivision on Cedar Creek Lake in Gun Barrel City. Lovingly enjoyed by the same family for generations, it's now ready for new memories. The home has been beautifully updated with luxury vinyl plank flooring, a fresh gray and white color palette, and expansive lakeside windows and sliding doors that maximize stunning views from the protected cove to open water. Outdoor upgrades include lakeside deck and stairs. The street-level main floor offers an open living, with a stone fireplace, and dining area overlooking the lake, a galley kitchen, and a spacious primary suite with lake views, ensuite bath featuring tub-shower, double vanities, and walk-in closet. A second primary bedroom has an ensuite full bath; then, a laundry room and powder room complete the main level. The walk-out lower level is the perfect retreat for family and guests, offering a large second living area, fireplace, third bedroom with ensuite bath, large cedar closet, and direct access to the lakeside yard. Outdoor living shines with a covered upper deck, covered lower patio, oversized lakeside workshop for water toys and projects, expansive backyard, and a boathouse with a large entertaining deck. The excellent water depth makes this property ideal for boating and year-round lake enjoyment. Recent Improvements: 2021: Replaced interior flooring upstairs and downstairs, three new lakeside sliding glass doors, fresh interior paint throughout, and exterior painting of select areas including entry, upper deck railing and deck underside. 2018: Replaced the upper deck and exterior staircase. 2017: Replaced the lake retaining wall. Whether you're looking for a full-time residence or the perfect weekend getaway, this exceptional Cedar Creek Lake home offers space, comfort, breathtaking views, and a waterfront lifestyle that's hard to find.