11542 Lancelot Ln

An exceptional offering on the Portage Chain of Lakes, this distinguished Portage Bay Highlands estate includes a private deeded dock on Portage Lake--the largest and deepest lake on the chain. Set on .69 acres, the Victorian-inspired residence known locally as 'The Castle' blends architectural character with a fully reimagined interior. Completed in 2025, the renovation brings a refined, cohesive feel to the home. The kitchen is both striking and functional, anchored by a massive quartz island and equipped with a six-burner Bosch range, in-wall Thermador steam & speed ovens, Thermador dual-compressor refrigerator, and Bosch smart dishwasher. It flows seamlessly into a sunken family room offering a more intimate setting centered around a stone-surround gas fireplace. A two-story foyer and sweeping curved staircase introduce the home with presence and scale. Dark-stained hardwood floors run throughout the main level, complemented by a private office with French doors, an updated powder room, and a main level laundry. Formal living and dining spaces are defined by a distinctive turret-style ceiling--an architectural detail that gives the home its signature identity. Upstairs, four spacious bedrooms offer flexibility for both everyday living and guests. The primary suite is set apart as a private retreat, complete with a sitting area, generous walk-in closet, and a new spa-inspired bath with soaking tub, glass-enclosed shower, and dual vanities. The walkout lower level extends the living experience with a large recreation space, wet bar, full bath, and a non-conforming fifth bedroom or office, along with dedicated workshop space and substantial storage. A five-car attached garage accommodates vehicles, recreational equipment, or boat storage with ease. Outdoors, a wraparound porch and rear Trex deck overlook a quiet, private yard, while Dock #13--just a short walk or golf cart ride away provides direct and private access to the lake. Offering approximately 4,685 square feet of finished living space, this is a rare opportunity to own a home of architectural presence, modern comfort, and true connection to the Portage Chain. Be sure to watch the narrated video tour and see the list of features and updates. Open House Saturday 2-4PM.