A 120' WATERFRONT, adorable, raised ranch on the peaceful channel to Diamond Lake, located in Oak Terrace Subdivision in unincorporated Lake County, having direct access to Diamond Lake. The home is situated on close to half an acre with a fully fenced in yard. Boasting a 16' x 16' screened in house, with electricity, for entertaining. Featuring 3 bedrooms and 2 full baths with a carpeted family room in the lower level. Oak parquet hardwood flooring on upper level. Lower level is a direct walk out to channel. Large basement provides ample storage. New copper plumbing and new water heater with a high efficiency furnace/AC. The roof is 5 years new. Large 2-car garage with a 2-car driveway and an extra 2-car driveway on other side of property for ample parking. Enjoy boating, swimming and fishing right in your backyard or a short walk to the subdivisions private beach. In the winter enjoy ice-skating, snowmobiling and ice fishing. Beautifully landscaped yard surrounded by mature trees. Convenient to schools, Metra train, shopping, restaurants. A wonderful property where you can enjoy waterfront living at its best! You won't regret making an offer today!