Two amazing properties on the south end of Lake Pretty are being offered together. Winding driveways through gorgeous oak trees and tropical foliage welcome you to these breathtaking lakefront properties occupying two-and-a-half acres directly on the south end of coveted Lake Pretty. With almost 550 linear feet and presenting panoramic views of one of Odessa's most scenic lakes, this is a once-in-a-lifetime opportunity for anyone looking to build an exceptional residence or family compound. The properties currently have two homes on them and offer a long view down the center of the lake. The first home located at 16161 Mcarn has 2,785 living square feet with three bedrooms and two-and-a-half baths. This home was mostly rebuilt in the 1980s and has a newer roof, but still needs major renovations or it could be torn down to make room for a new home. It currently offers spectacular wide water views from most of the living areas and offers a spacious great room with a fireplace and charming terracotta tile floors. The kitchen features granite countertops, wood cabinets and stainless steel appliances. Upstairs you will find the office (or small third bedroom) and the master suite with a balcony offering Palladium-topped French doors and one of the best lake views in the area. The outdoor features include a brick and import-inlaid tile patio, wood dock, extensive landscaping, lovely brick walkways and a separate covered carport storage building. The second home at 16165 Mcarn is a 990-square-foot updated cabin that could be a charming guest or in-law house. A remodel is not fully completed but includes a new air conditioner, new water treatment system, new hot water heater, new plumbing, electrical and drain field. The interior is stylishly updated with beautiful finishes such as wood cabinets, quartz countertops, new windows and stainless steel Bosch appliances. Finish with your new flooring and your own unique touches to make a weekend retreat everyone will love or live there while building your dream home. Located adjacent to a new gated community of $1.5 Million-plus homes, this is the perfect location to build your new dream home with boating, skiing or fishing and no deed restrictions. Lake Pretty is one of Odessa's most popular lakes with its proximity to shopping, restaurants and the expressway but still offers a quaint Old-Florida feel in a truly picturesque setting you will love.