Rare original East Cobb estate home situated on almost EIGHT private, pristine acres with PRIVATE LAKE plus an additional income-producing guest house. This is a dream-come-true playground for an owner who wants close-in acreage for pets, play, boating, biking, ATV's, swimming, picnics, parties and plenty of room to breathe and spread out-and/or the savvy buyer who wishes to hold merely for current income and future subdivision potential. The original residence has been beautifully maintained and updated with a bright and spacious open concept kitchen/den/dining area. The farm style kitchen with granite and stainless steel appliances features large casement windows with amazing vistas to the lawn and wooded acreage. Large primary bedroom with updated ensuite bath with walk-in shower and soaking tub. Three additional bedrooms and an updated hall bath round out the main level. The spacious daylight terrace level has windows galore and plenty of room for a media room, play area, gym and home office-with easy in/out access to the backyard through large sliding glass doors. Two oversized decks and an original patio provide additional living and entertaining space. The adjacent **income-producing guest house** has a long-term stable renter but could also serve as a charming, "one-level living" in-law cottage. Stroll down to the lake and you will find a newly updated covered deck and dock where you will LIVE in the summer months! And don't miss the darling chicken coup and the large, covered carport for cars, boats, woodworking/tinkering and storage galore.