A rare opportunity to own 1.55 acres, a double lot, on the water with just under 300 ft of water frontage! Located on a quiet street in the back of North Heron Bay neighborhood, sits your own piece of paradise with year-round views of the Savannah Bay and the mountains. Inside you'll find hardwood floors throughout, a recently updated kitchen with solid stone countertops with honed finish and waterfall backsplash. Primary bedroom is located on the main floor with an extra large ensuite. Half bath is located off the open living room with partially vaulted ceilings around the fireplace and double staircases. Upstairs there are 3 large bedrooms and 2 full bathrooms. Plenty of storage with a walk out storage room large enough to make the perfect home office. In the basement, you'll find a 5th bedroom or office with it's own walk-in closet, another full bathroom, and living room with a second fireplace. Through the living room you'll find a large game-room or den. There is enough room in the basement for a full kitchen and island and the den opens up to the covered patio and carport, for a private entrance. Making this the perfect possible in-law suite. You'll find tons of storage and extra space here. The possibilities and potential are endless. In addition to the expansive house size, the property includes a pool, a large carport large enough for several cars or RV, covered patio, approx 588 sq ft covered deck, large screened in porch, attached 2 car garage plus a utility garage around back, a dock and covered boat house with double boat slips. Walking distance to the neighborhood pond, and located across from the neighborhood playground, which is located in the culdesac of the road across the street. This property is a peaceful retreat yet still close to all Ooltewah has to offer. An opportunity to own a piece of property like this only comes once in a lifetime! Roof, HVAC units and exterior siding were all replaced in 2011/2012.