Discover limitless potential at Cano Estates, a truly unique property offering unparalleled versatility and privacy in the heart of Santa Rosa Beach. This spacious residence features three separate living quarters, making it perfect for a primary home, a secondary retreat with guest accommodations for parents or visiting family or a leasing opportunity. Set on a generous .68-acre lot, this all-brick home offers low-maintenance durability and a serene setting. Enjoy fishing or relaxing on your private dock, paddling or kayaking on the lake, and taking in the peaceful water feature in the backyard. The expansive lot ensures loads of privacy while still being centrally located near Santa Rosa Beach's restaurants, schools, shopping and more. The main house boasts an expansive layout with three large bedrooms, two bathrooms and breathtaking lake views from the open living and dining areas, as well as the kitchen and two of the bedrooms. Completely updated, the kitchen features quartz countertops and new stainless steel appliances, providing a modern and elegant touch. The large living room is perfect for relaxing or entertaining, with an open plan and gorgeous views of the serene lake setting. Sit and relax on the large screened porch, complete with a large hot tub. The property also includes two separate guest houses, each equipped with a full kitchen, bathroom and laundry. These spaces are ideal for overflow guests, independent family members or could be income-producing rentals. Cano Estates is nestled in a family-friendly neighborhood with no HOA, offering freedom and convenience. This extraordinary property offers a unique blend of privacy, convenience and stunning lakefront living. Whether you're looking for a year-round residence or a vacation home, this property has it all. Don't miss out on the opportunity to own a piece of paradise in Santa Rosa Beach.