7665 E Butterman Rockville, IN 47872

Escape to the lake with this rare opportunity to own a true waterfront property on Raccoon Lake-with no HOA and short-term rental potential! Properties like this don't come along often, especially at this price point. This charming 1 bedroom, 1 bath cabin sits on approximately .53 acres and offers direct access to the water with a brand new 50-foot seawall. Unlike many lake properties, there are no long staircases here-just an easy walk down your private path to the shoreline, making lake days simple and enjoyable. Inside, the home has been thoughtfully updated with new flooring, all new PEX plumbing, and an updated bathroom that includes washer and dryer hookups. Additional improvements include a new water pump and upgraded 200 amp electrical service, providing peace of mind for years to come. Whether you're looking for a weekend getaway, a full-time lake retreat, or an income-producing Airbnb, this property checks all the boxes. With its combination of usable land, true waterfront access, and modern updates, it stands out as one of the few opportunities to own a half-acre lakefront property without the challenge of steep stairs or restrictive HOA rules. Enjoy fishing, boating, and unforgettable sunsets right from your own property-this is lake living made easy.