A rare opportunity to own two adjacent waterfront properties on Lake Talquin - 24212 Lanier Street and 4158 Fred Hatfield - offering unmatched versatility, privacy, and long-term potential. Together, these properties create the ideal family compound, boutique waterfront wedding / event venue opportunity, or an exceptional investment strategy for a savvy buyer seeking to live in one home while generating income from the other. With direct lake access, expansive views, and complementary layouts, the possibilities are both immediate and long-term. 24212 Lanier Street showcases custom craftsmanship and character-rich lake home design. A spacious 2 bedroom, 3.5 bathroom home on a private 0.67 acre primarily level lot. Custom built and thoughtfully designed, this is a true lake home retreat offering an expansive 2,769 square feet of living space and panoramic views of the lake. Main features include pine tongue & groove walls, vaulted ceilings in the primary, exposed wood rafters and beams, hardwood floors throughout, and window walls in almost every room to take in that breathtaking view. At the dock enjoy the enclosed boathouse with an automatic lift, a fish-cleaning sink and a second-story screened porch overlooking the water - an ideal vantage point for entertaining or simply taking in the expansive viewspleting the property is a three-car workshop/garage, offering ample storage for vehicles, watercraft, and lake equipment. 4158 Fred Hatfield Ct offers solid construction with strong renovation upside. This 3-bedroom, 2.5-bath block home offers over 1,900 square feet of living space and sits directly on the water, making it an ideal candidate for a renovation project, second home, or investment property. With major systems already addressed, including a 2023 roof and HVAC and water heater replaced within the last six years, the heavy lifting has been done. The home primarily needs cosmetic updates, presenting an excellent opportunity to add value while customizing the finishes to your style. Whether you envision multigenerational living, hosting private events on the water, or building a short-term rental portfolio in a high-demand recreational market, this dual-property offering provides flexibility rarely available on Lake Talquin. Waterfront properties of this scale and adjacency are increasingly scarce. Secure one. Utilize both. Sold together or separately, see mls #396610 & mls #396611 for separate listings.