860 Island Lake Drive Welcome home to this waterfront ranch in the sought-after Lake Pointe of Waterstone, offering 3 main-level bedrooms plus 2 finished lower-level rooms in the walkout basement. The finished walkout lower level features a wet bar, spacious recreation area, full bathroom, and flexible space ideal for guests, a home office, fitness room, additional sleeping space, or extra living area. Inside, you'll find soaring cathedral ceilings, hardwood floors, a bright open floor plan, a cozy gas fireplace, first-floor laundry, great storage, and an updated kitchen with generous cabinetry and counter space. Step outside and enjoy the waterfront setting with a private sandy beach, space to launch a kayak or paddleboard, sunset views from the expansive deck, and a peaceful backyard setting. Located near downtown Oxford, local restaurants, shopping, community events, seasonal festivals, farmers markets, walking paths, sidewalks, and nearby Stony Lake. This home combines ranch-style convenience, waterfront living, a finished walkout basement, and flexible lower-level space in a desirable Oxford location.