An exceedingly rare opportunity, and the PERFECT spot to build your dream lake home! 5.5 acres of privacy & tranquility adjoining Lake Monroe and offering direct access to the water, all within a 15 minute drive to Bloomington’s east side! The gently sloping building site offers plenty of flexibility but would be ideal for a walk out basement, and your future home will enjoy stunning wooded views and a seasonal lake view. The property is bordered both to the east and west by federally owned property, ensuring your beautiful wooded views will remain undisturbed. Lovers of the outdoors will find this property to be an absolute haven! Enjoy a short, private walk down to the water and an easily-accessible section of the shoreline, and spend your free time kayaking on the serene (wake-free side!) of Lake Monroe. The western portion of the lot offers additional hiking opportunities including a beautiful creek bed to explore. Need more room to stretch your legs? The Sycamore Land Trust owned Amy Weingartner Branigin Peninsula Trail is just south of you on Rush Ridge Rd, within easy walking distance! Shawnee Bluffs Estates is one of Monroe County’s premiere neighborhoods and is located conveniently to Bloomington’s east side, IU Campus, and IU Health Hospital. Todd’s Marina is directly accessible from within the neighborhood, and Paynetown SRA & Cutright SRA are additional nearby options for those interested in obtaining a boat slip to go along with your lake house build! The property is ready for your build – water, electric, and high speed fiber optic internet are all available at the road. Note that covenants include building restrictions and minimum ground-level square footage requirements: single story 3000 sq ft, 1.5 story 2400 sq ft, 2 story 1800 sq ft. Building site is on the west side of Rush Ridge, per deed restriction. Listing agent is owner.