Exceptional 11.34-acre development opportunity in the heart of Elkhart Lake! This secluded property offers open meadow, woodland, abundant wildlife, picturesque pond frontage, and fieldstone fences. Zoned R3 Multifamily Residential with a PUD Overlay, offering flexibility for multi-family, apartments, condominiums, or single-family development. Preliminary civil engineering addresses utility alternatives; sanitary infrastructure already exists. Access is available from the south via a perpetual easement, with potential access from the north off State Highway 67. A rare opportunity in a highly desirable location!