Lake Greenwood waterfront living in Grand Harbor with 5,119 square feet, 4 bedrooms, 4.5 baths, a private dock with composite decking, covered boat slip with lift, good water depth, and a protected cove setting that offers calmer water and less boat traffic than the main lake. 346 Compass Point combines substantial living space, lakefront outdoor living, and the flexibility for multigenerational living—all within one of Lake Greenwood's premier communities. Built by the current owners and thoughtfully enjoyed through the years, the home is surrounded by beautiful mature landscaping and welcomes you with a circular driveway leading to a 2-car garage plus a separate golf-cart garage door. Inside, the main level offers 3 bedrooms and 2.5 baths, including a lakeside primary suite positioned to take advantage of the setting. Multiple gathering spaces include a great room, separate living room, and dining room, while a small office area off the kitchen and a walk-in pantry add everyday functionality. Upstairs, a spacious bonus room with its own full bath provides flexible space for guests, hobbies, a media room, home office, or additional sleeping accommodations. The walkout lower level dramatically expands the possibilities of the home. A private bedroom, full bathroom, dining area, and kitchenette create an excellent setup for multigenerational living, extended family, or long-term guests while maintaining separation from the main level. Also downstairs are two valuable partially finished utility spaces. One provides excellent storage for lake toys, fishing gear, tools, or workshop use, while the second is a hobbyist's dream with extensive built-in shelving and room to organize projects, collections, or equipment. Both areas can be accessed from the garage by a private interior staircase, allowing you to reach the storage and hobby spaces without passing through the multigenerational area. Outdoor living is exactly where a Lake Greenwood home should shine. A lakeside deck provides space for relaxing and entertaining above the water, while a patio outside the walkout basement creates another place to enjoy the lake at ground level. From there, head down to the private dock featuring low-maintenance composite decking, a covered boat slip with lift, and good water depth. The home's cove location offers a more protected waterfront setting away from much of the rough water and heavy boat traffic found on the main lake, making it especially appealing for swimming, paddling, fishing, or simply enjoying a quieter day at the dock. Practical details have also been well thought out. A half bath can be accessed directly from the garage, making it especially convenient when coming in from the lake, working in the yard, or enjoying outdoor activities without tracking through the main living areas. Grand Harbor adds another layer to the lifestyle with golf, marina access, clubhouse and dining opportunities, pickleball, tennis, fitness, swimming, equestrian amenities, and the recreational possibilities of Lake Greenwood. For buyers searching for a large Lake Greenwood waterfront home with a private dock and boat lift, protected cove, main-level primary suite, multigenerational living potential, extensive storage and hobby space, multiple outdoor living areas, and the amenities of Grand Harbor, 346 Compass Point offers a combination that is increasingly difficult to duplicate.