This property will either work for you well, or not at all, depending on whether the pros outweigh the cons.
Pros:
1. On the lake! You could not be any closer to this beautiful place.
2. Walkable to Leno - including many restaurants, boat rental (go elsewhere though) and a supermarket.
3. Good sized pool right next to the lake - such a rate find!
4. Decent outdoor space
Cons
1. You are sandwiched between the road (very very close), lake (beautiful but busy/hectic during the day as the house is next to a tourist attraction), a wedding venue (noise and fireworks 2 nights, but not so late/noisy) and a bar/restaurant. This is not an "escape from it all" property - each factor above can be noisy depending on time of day and the bar even had a loud DJ until close to midnight one night - it would have been quieter sitting in front of the speakers! I think this is maybe twice a month though. Location would have been 5* in some respects and 1* in others.
2. No air conditioning. The place is nestled within the plot (sunken into it in places) so does not get too hot, but the master bedroom has no fan and does get hot (30 at night).
3. Downstairs room has a basement feel and no view - it has a de-humidifier and looks onto the boat ramp/fence.
4. The inside is fine - but not in any way modern or luxurious. It has a great view though, so you spend a lot of time looking out.
5. The entrance off the road is very narrow (mirrors in on a small SUV leaves an inch or two maybe on each side) - no way our X5 from home would have squeezed in.
In summary, we had a great week here but were glad to be home away from the noise of cars, boats, music, people and to a more comfortable temperature/environment. If you want a "lake experience" - stay here. If you want to get away from the hustle and bustle of life, stay a bit further away from the lake/road.