Northwoods lake living with income potential! Although not currently rented, a local rental management company projects potential gross rental income of approximately $35,000$45,000 annually, offering buyers an opportunity to offset ownership costs while enjoying their own time at the lake. This impressive 5BR/4BA, nearly 3,900 sq. ft. year-round home offers designated pier space and access to 500+ feet of level, sandy shared frontage on 744-acre Dam Lake, part of the Sugar Camp Chain, all surrounded by 9+ wooded acres and open green space. Inside, cathedral ceilings, a fieldstone fireplace, first-floor primary suite, loft, and multiple living spaces provide plenty of room for family and guests. The exceptional garage setup includes a heated attached 2-car and detached 3-car garage, ideal for boats, UTVs, snowmobiles, and vehicles. Enjoy full-rec boating, fishing, dining by water, and association-maintained grounds for an easy lock-and-leave lifestyleall centrally located between Eagle River, St. Germain, Rhinelander, and Lake Tomahawk. A standout combination of space, waterfront recreation, garage capacity, year-round use, and rental potential. (Rental projection is not a guarantee of future performance).