Stunning direct waterfront colonial in Monroe's desirable Lakewood Estates! This home truly is one of a kind. Breathtaking views of Jockey Hollow Lake. The main home features 3 bedrooms with an optional 4th that can be converted back from the apartment. Inside you are welcomed with a sun-filled formal living and brick fireplace. The luxurious primary suite features a walk-in closet and bathroom with soaking tub and separate shower. Laundry on main floor. Attached main floor apartment with separate entrance featuring 2 bedrooms and an additional bath. Currently rented. Tenant would like to stay. Lower level with separate kitchenette. The main basement is studded out and ready to finish. Above ground pool with pool house. Enjoy lake views from the large covered deck, or take advantage of private beach rights (optional membership) and water activities exclusive to the Lakewood Estates community. Located near top-rated schools, parks, and shopping with easy commuter access-this is lakeside living at its best. Don't miss this rare opportunity! This location simply cant be beat. A little bit of love and this diamond in the rough can be restored.