Under contract-accepting backup offers. Prime corner lot opportunity in Central Lakeland. Now priced at $340,000 this property offers exceptional value with strong land value alone in this desirable area. Located at 1160 E Edgewood Drive, this fully renovated 3-bedroom, 1-bath home includes a detached finished guest house/ mother-in-law suite offering flexibility for rental income, multi-generational living, guest space, or a private office. The main home has been completely updated with a new roof, new HVAC system, updated electrical and plumbing, energy-efficient windows, new flooring, quartz countertops, stainless steel appliances, and modern finishes throughout. The detached guest house features a private entrance, kitchenette with refrigerator, updated bathroom, and new flooring. Ideal for short-term or long-term rental use. No HOA and no lease restrictions. Conveniently located across from Cleveland Heights Golf & Country Club offering 27 holes of golf along with tennis and pickleball courts. Common Ground Park is nearby, providing additional recreational amenities. Corner lot positioning at Edgewood and Nevada offers additional flexibility and future potential. Buyer to verify all measurements, zoning, and rental guidelines.