Price Improvement!! One-owner waterfront home located in the desirable Lake Pointe subdivision, perfectly positioned on Lake Lorraine with direct access to Choctawhatchee Bay and just minutes from Crab Island. This spacious 5 bed/3-bath home offers an open-concept design filled with natural light, highlighted by vaulted ceilings and expansive windows that showcase beautiful water views. The main living area features multiple doors leading out to a large deck, ideal for indoor-outdoor living and entertaining. The kitchen is open and inviting with a center island, gas cooktop, breakfast bar, a pantry and ample counter and cabinet space. The main-level Master Suite includes a well-appointed ensuite bath with double vanities, tile flooring, walk-in shower, and a garden tub, along with generous closet space. An additional bedroom and full bath are also located on the main floor. Downstairs, you'll find three additional bedrooms and a full bath, providing plenty of space for family or guests. From here, step outside to enjoy the enclosed in-ground pool and hot tub, along with a private pathway leading to the boat dock complete with lift--perfect for enjoying waterfront living at its finest