Welcome to a serene waterfront haven nestled along the picturesque Cedar River. This remarkable property spans 1.15 acres and boasts an impressive 284 feet of waterfront footage. With its lush tree-lined surroundings and captivating river views, this parcel is an absolute gem to rehab or develop. Transform this idyllic setting into your dream retreat or seize the investment opportunity by developing multifamily housing, thanks to its advantageous RDL60 zoning. The property currently features a 3-bedroom, 2-bathroom structure, providing a solid foundation for renovation. Looking to expand your investment or create a private waterfront estate? The neighboring property is also available (MLS 1249049) offering a unique opportunity to shape your vision even further and span 448' along Blanding Blvd. This property offers both convenience and tranquility. It's close to shopping, restaurants, and downtown, ensuring that you're never far from the essentials. Whether you aspire to create a personal sanctuary where you can savor the wonders of riverside living or seek a savvy investment opportunity in the thriving community, this Cedar River waterfront property beckons. Act now to secure your piece of paradise and explore the endless potential that awaits. Contact us today for a closer look and to discover how this property can fulfill your dreams.