A rare opportunity to own one of two adjoining waterfront properties at First Point Beach. Purchase this property on its own or combine it with 3829 Lake Drive for an exceptional stretch of private shoreline. One of the most desirable features is no municipal reserve—your titled property extends right to the water, providing true private waterfront ownership, added privacy, and direct dock access. This spacious 1, 296 sq. ft. year-round home features 5 bedrooms, a den, and 2 bathrooms, making it ideal for large families, entertaining, or working from the lake. Large windows showcase beautiful water views from the main living areas. Natural gas service provides economical year-round living, including a cozy natural gas fireplace and a natural gas heated double detached garage. The oversized lot offers water frontage on two sides, a level lawn leading directly to the shoreline, concrete steps to a substantial dock, mature spruce trees for privacy, and the ability to launch your boat directly from the property. For buyers seeking even more, the neighbouring property at 3829 Lake Drive is an established Airbnb with proven rental history. Together they create an exceptional opportunity for multi-generational family ownership or an income-producing investment, offering two homes on continuous private waterfront that can accommodate large groups, reunions, or retreats. A 25-year lease opportunity is available on the storage lot directly across the road through the RM of Hoodoo, providing convenient space for boats, trailers, quads, sleds, and extra vehicles. Located under an hour from Saskatoon and an easy drive from Prince Albert, this property offers the perfect balance of convenience and lake life. Purchase one—or own one of the most unique waterfront opportunities available at Wakaw Lake.