A BEAUTIFUL DOUGLAS LAKEFRONT OPPORTUNITY! Two adjoining parcels, 3426 and 3412 Caywood Road, are being sold together, offering approximately 4.51 combined acres, beautiful lake views, extensive improvements, and everything needed to enjoy the lake lifestyle. NO HOA, plus access to a community boat launch with no launch fees! The home at 3426 Caywood Road sits on approximately 1.46 acres and has been used as the sellers' vacation retreat rather than a full-time residence. The home features beautiful original hardwood flooring upstairs, generous finished living space downstairs, TWO laundry rooms, and THREE BONUS ROOMS offering flexible space for guests, an office, recreation, hobbies, or additional sleeping areas. The completely finished basement, completed in 2020, provides an impressive second living area with a living room, dining area, kitchen, new dishwasher, bonus rooms, and plenty of space for entertaining family and guests. The main kitchen also features a brand-new garbage disposal installed in July 2026. Enjoy exceptional indoor-outdoor living with a pass-through propane fireplace serving both the primary bedroom and upper deck. A second propane fireplace creates a warm and inviting atmosphere in the upstairs living room. The home is finished with durable, low-maintenance fiber-cement/Hardie board siding designed to stand up well to moisture, rot, insects, fire, and changing weather conditions. Major improvements include a NEW ROOF and BOAT DOCK added in 2023, along with more than $75,000 invested in a beautiful Trex composite deck completed in 2025. Brand-new outdoor ceiling fans make the deck an ideal place to relax, entertain, and take in the Douglas Lake views. In March 2025, the entire crawlspace was professionally encapsulated from the ground to just below the floor joists and equipped with a dehumidifier system. The adjoining 3.05-acre parcel at 3412 Caywood Road adds even more space, storage, and possibilities.