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Beautiful Waterfront lot located in the new Phase III of The Preserve at Lake Mitchell in Penneymotley Creek. The Preserve at Lake Mitchell is one of the most prestigious subdivisions on the lake!! Homes in the Preserve are on the "MUST SEE" of boat tours on Lake Mitchell. Lot 5 has 185 feet of waterfront and has a flat area near the waters edge just perfect to build your dream lake home. Lot 5 has beautiful BIG water views of Penneymotely Creek. Bring your own builder. Covenants and Restrictions apply with minimum square footage requirements. All houseplans to be approved by HOA board. Contact the listing agent for more information