This 1.86 acre waterfront lot in a small, quiet neighborhood just outside Frankston on Lake Palestine is exactly what you've hoped to find! Here on Cobb's Inlet, you would own to water's edge-unusual for Lake Palestine! With a cul de sac location, towering established trees & a recently built boathouse & bulkhead, this is not your typical lake lot. Boathouse provides an air-conditioned room to escape from heat of the day with a sink, refrigerator & microwave for ease of entertainment. An air conditioned portable bathroom on site holds its own enclosed septic tank. Bonus storage room is perfect for lake toys & has a shower. Boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun & rain & is perfect to fish right from the dock with wide stairs leading down to the water. Bring your new house plans & enjoy life on the lake!