Once-in-a-lifetime opportunity to own a bluffside lodge overlooking your own 5-acre stocked lake and 23 acre farm with a shop and barn, conveniently located with the house enjoying all the amenities of Selmer city limits while half the property is in the county. The 3,400sf house is heavily custom built with plenty of room for entertaining and enjoying the lake view on the huge 40' x 13' back deck. The living room's 50,000 BTU gas log fireplace and custom stone mantle were added in 2015, and extensive updates were made to the kitchen in 2018. A whole house water filtration system is included. The vaulted upstairs room with private balcony could make a dreamy master bedroom or an inspiring den. Upstairs contains 3 enormous walk-in closets for plenty of storage. The 1,500sf, 2 bay shop is insulated, heated and cooled. Other outbuildings include an insulated, electrified smaller shop with water, an old barn with multiple stalls that could be used for livestock or as a kennel, and a large grain silo. The gated and fenced property includes a well and over 20 underground springs that feed the continuously flowing lake. A rich bottomland hay field of nearly 10 acres completes this mini-farm. With 1,200 feet of road frontage around the top of the lake, this property could be subdivided and developed into many beautiful lake view homes by an investor or developer. An adjacent .28 acre lot is also for sale as part of this listing. Owner is an immediate family member of agent.