Located within the water-oriented subdivision of Chesapeake Ranch Estates, this rambler with basement is a hidden gem waiting for the perfect buyer looking for a great opportunity to complete some fix-ups to make this home shine again. The community boasts an array of amenities, making it the perfect setting for those who appreciate an active lifestyle and a strong sense of community. Enjoy access to Lake Lariat, Driftwood Beach, and Seahorse Beach, offering opportunities for swimming, fishing, and relaxation by the water. There's even a community airport! Yes, you read that right! A community airport for aviation enthusiasts, offering an exciting feature unique to this neighborhood. A community garden awaits those with a passion for gardening and home grown vegetables. A central hub is available for community events and gatherings, creating a sense of unity among neighbors. For the camping enthusiasts, embrace the great outdoors with convenient campgrounds, perfect for weekend getaways and nature lovers. Horseshoe pits are available to challenge your friends and neighbors to a friendly game of horseshoes, adding to the recreational options within the community. And whether you're into walking, biking, or hiking, the variety of trails in the area caters to outdoor enthusiasts of all kinds. This property offers an excellent opportunity to transform it into the home of your dreams. The main level features a separate living room, a spacious kitchen/dining room combo, a primary bedroom with a full bathroom, and two more comfortable bedrooms with a full hall bathroom. The basement was designed as an in-law suite or apartment, complete with a rec room that can serve as a second living area. It also includes a kitchen with an eat-in area, two additional bedrooms, a full bathroom, and a convenient laundry/utility room. In Chesapeake Ranch Estates, you'll have the opportunity to immerse yourself in a thriving community, with social activities and events for residents of all ages. Whether it's a day at the beach, exploring the skies, or simply enjoying the beauty of nature, this community has something for everyone. This home is a blank canvas just waiting for your personal touch to shine again. Don't miss the chance to be a part of this vibrant neighborhood. Contact us TODAY to learn more and schedule a showing!