Welcome to your private waterfront sanctuary in Lilburn's coveted Lake Lucerne Estates, located in the award-winning Parkview High School attendance zone. This exceptional four-bedroom, four-bathroom ranch home sits on a spectacular, meticulously landscaped lot directly on the tranquil waters of Lake Lucerne. Step inside to find a bright, versatile floor plan featuring a formal living room and dining room combination ideal for entertaining, alongside a cozy, informal family room complete with a fireplace and stunning views of the lake. The main level also offers a gourmet kitchen, three spacious bedrooms, and three full bathrooms, with easy access to both a huge enclosed porch and an open-air deck, both looking out over the rear yard and the peaceful lake for year-round enjoyment. A custom-built outbuilding / shed provides additional storage for all of your outdoor lakeside needs. Peace of mind comes built-in with two brand-new HVAC systems providing zoned heating and cooling, a newly updated electrical panel, new smoke detectors, and a system pre-wired to accept the new owner's whole-house generator. The fully finished walkout basement expands the home's living space significantly, serving as a complete second living quarters with its own separate entrance. This lower level is equipped with a fourth bedroom, a fourth full bathroom, and a second fully functional kitchen, making it an ideal setup for an in-law suite, multi-generational living, or an incredible entertainment space. Step out the basement doors and follow the beautifully manicured path down to your private dock, where you can launch a kayak or paddleboard. Optional membership in the Lake Lucerne Estates Civic Club allows homeowners the rare privilege to keep a dock and boat in the water, while also permitting them to irrigate their lush landscaping directly from the lake. Combining vacation-style peace with top-tier schools and easy access to local dining, shopping, and parks, this rare lakefront gem on Lake Lucerne Way is ready for its next chapter.