Exceptional lakefront property situated on the shores of Sibley Lake. The residence is sold fully furnished, with all interior furniture, decor, housewares, and private 34-foot dock conveying at closing. Providing versatile ownership options, the property functions seamlessly as a private year-round residence, personal family retreat, or income property with established rental history. This 2,240-square-foot walkout residence showcases 3 bedrooms, 3 bathrooms, and captivating south and west water views over the bay. The main level features rich natural woodwork, vaulted spaces with bright skylights, paneled doors, and a kitchen equipped with a center island and breakfast bar. The layout connects directly to the lakeside dining area and expansive upper deck, creating indoor-outdoor living with elevated sunset views over the water. The finished lower-level walkout provides a comfortable family room centered around a stone fireplace, complete with a wet bar and walkout patio access. A primary bedroom suite with lake views and a private bath completes this level. Outside, landscaped grounds with in-ground irrigation lead directly to 50 feet of hard sand and gravel shoreline. Providing exceptional flexibility, the detached, heated, and insulated two-car garage (676 square feet) includes finished private guest quarters with an additional bedroom and full bathroom. The property features an asphalt and concrete driveway with ample parking space for multiple vehicles and trailers. Located in the quiet Pequot Shady Shores neighborhood with compliant septic and no HOA dues. Minutes from downtown Pequot Lakes, local dining, the Paul Bunyan State Trail, and premier golf. Full furnishings and dock included. Historical rental revenue and operating performance records available upon request.