PRICE REDUCED. Exceptional waterfront land opportunity on the Yahara Channel with approximately 225? of shoreline and access to all three Madison lakes. This 0.29-acre parcel is zoned R-2 and located within a TIF district, offering strong potential for redevelopment or future new construction in a highly desirable infill location. The existing mid-century ranch is being sold as-is and will require significant investment; value is primarily in the land, shoreline, zoning, and location. Ideal for buyers considering a teardown, major renovation, or redevelopment project subject to municipal approvals. Detached 2-car garage. Walkable to restaurants, entertainment, and the Lake Loop bike path, with quick access to downtown Madison. Bring your builder, architect, or development team.