Peaceful lakefront living just 12 mi east of Bloomington! Beautifully updated cottage with 160' of frontage on Somerset Lake, a 30+ acre private lake great for swimming, kayaking & fishing! Currently a primary residence, this cottage would make a great weekend retreat as well, with close proximity to Yellowwood State Forest & Brown Co State Park. Two balcony decks & a screened-in porch all take advantage of the panoramic view of the lake. Originally built in 1962, this home underwent major renovations in 2004, including all new construction above the basement level. You will love the unique & open floor plan with lots of light flowing in from the glass doors & windows facing south, toward the lake. The woodstove in the dining/living area adds to the cozy ambience as well as offering supplemental heat in the winter time. Bonus appliance amenities include an on-demand tankless water heater & a generator. The furnace is 2 yrs old. Be sure to walk down the steps to the private dock & experience the beauty of your surroundings! NOW PRICED WELL-BELOW APPRAISED VALUE!