A truly once-in-a-lifetime opportunity to own two waterfront properties offering well over 500 feet of frontage and nearly one and a half acres on the highly sought-after Huron River Chain of Lakes. Situated at the end of a quiet, paved road with breathtaking views of the Louis P. Kivi Natural Shoreline Preserve, this remarkable offering combines luxury, privacy, flexibility, and investment potential in one extraordinary package. The possibilities are endless. Live in the beautifully renovated ranch while building your dream lakefront estate on the second parcel, create an incredible multi-generational family compound, or generate rental income while planning your future dream home. Uniquely shaped like a double peninsula, the property provides an expansive waterfront setting with the perfect location on each lot for your own private beach and boat launch, creating endless opportunities to enjoy life on the water. The second parcel is beautifully wooded with mature pines and towering hardwoods, offering exceptional privacy and a stunning setting for a future custom home. The completely renovated ranch has been thoughtfully designed to capture spectacular panoramic lake views from nearly every room. The bright, open-concept floor plan features a beautiful kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and a spacious breakfast bar that flows seamlessly into the dining area, where a cozy fireplace creates the perfect gathering place. The inviting living room and four seasons sunroom are surrounded by water views, allowing you to enjoy the beauty of every season. The private primary suite occupies its own wing and features an ensuite bathroom with a beautifully tiled walk-in shower and granite-topped vanity. Two additional bedrooms are located in the opposite wing along with a second full bathroom featuring another tiled shower and granite vanity. A spacious laundry/mudroom, attached two-car garage, and welcoming ADA-compliant front porch add everyday comfort and convenience. Outside, a large pavilion provides the ideal space for entertaining family and friends, while an additional storage shed offers ample room for all your lake toys and equipment. Enjoy direct access to the entire Huron River Chain of Lakes with miles of navigable waterways leading to waterfront restaurants, parks, sandbars, boating, fishing, kayaking, and endless recreation. Properties offering two separate waterfront lots, over 500 feet of shoreline, nearly one and a half acres, and this level of flexibility are exceptionally rare. Whether you're searching for a year-round residence, an unforgettable family retreat, a luxury estate site, or an investment opportunity with unlimited potential, this extraordinary Portage Lake property truly offers it all.