Tremendous price reduction at this exceptional deep water lot in Holiday Club Estates. Existing structure is ready for total renovation to become a premier lake front property. Total sq ft includes a finished basement that could be used as a third sleeping room. Boathouse sits on approximately 8 to 10 feet of water, and has gorgeous views of open water from a protected location. The lot is protected from southern wind, and provides an ideal setting for swimming, paddle boarding, and kayaking. With proximity to restaurants, retail and shopping in Gun Barrel City, this property has potential to be a thriving short-term rental.