This is the lakefront cottage you've been holding out for. Tucked along a quiet stretch of coveted Swan Lake, this true waterfront escape sits less than 20 feet from the water's edge. Set on 332 acres, Swan Lake is a pristine, motorboat-friendly mountain lake just 90 miles from Midtown Manhattan, it's expansive yet peaceful, and still one of Sullivan County's best-kept secrets. The cottage itself is intimate by design (768 sq ft), but lives larger thanks to cathedral ceilings and an open and airy layout. The updated kitchen pours into the dining and living area, which opens onto the lake side deck for true indoor/outdoor living. Two cozy bedrooms and a bath complete the house. It's the kind of quietly refined place that feels easy the moment you arrive. Beyond the existing home, the opportunity here is rare. Spanning four separate residential lots, the property offers exceptional flexibility to expand - whether that means enlarging the current footprint or creating a custom lakefront residence. With ample buildable area, easy access, and uninterrupted lake views, this is a canvas with real possibility. In the meantime, the cottage is already performing as a successful short term rental, offering immediate income while you plan. A turnkey retreat with long-term upside that is equally suited for weekends away, full-time living, or a more ambitious lakefront project. Moments to Bethel Woods Center for the Arts, the nearby towns of White Lake, Narrowsburg, Callicoon, and Jeffersonville for dining, farmers markets, breweries, and the best of what the natural recreation the Sullivan Catskills offers - yet it's the stillness here that defines it. Lakeside mornings and evenings, and the sense that you've found something a little harder to come by.