Set on 1.28 acres in a distinctive peninsula setting along Artist Lake in Middle Island, this expansive Colonial offers a rare combination of privacy, space, and possibilities. With nearly 4,000 square feet of living space, five bedrooms, three and a half baths, and an impressive collection of indoor and outdoor amenities, the property presents an exceptional opportunity to enjoy a truly unique Long Island setting. Inside, generous room proportions and abundant natural light create an inviting atmosphere throughout. The main level features a spacious living room, formal dining room, and a comfortable family room anchored by a wood-burning fireplace. The adjoining kitchen opens the living space toward the rear deck and expansive grounds, while a dedicated home office provides additional flexibility for work or personal pursuits. Upstairs, the primary suite features its own fireplace and private bath, creating a comfortable retreat. Four additional bedrooms and a full bathroom offer versatility for a variety of living arrangements. The outdoor setting is equally impressive, featuring expansive grounds, a three-car garage, spacious deck, and private dock. Surrounded by natural scenery, the property offers ample room for outdoor entertaining, recreation, and enjoying the changing seasons. With its substantial acreage, generous interior space, and uncommon peninsula location, this Middle Island property offers an opportunity to create something truly special. Whether you're seeking a full-time residence, weekend retreat, or investment opportunity, this home offers remarkable flexibility, character, and potential. SPECIAL FINANCING AVAILABLE! This property qualifies for special financing, offering eligible first-time homebuyers as little as 5% down, a current 6.00% interest rate, NO PMI, NO points, and reduced closing fees. A tremendous opportunity to own a distinctive lakefront property with attractive financing options! Financing subject to lender qualifications, approval, and rate availability.