The beautifully constructed Lagoon House is located right on the Main Street in a very nice area on the Point. It is within five minute walking distance to all of the amenities of town and is great as both a year-round residence or rental home as it is located near town centre and mere steps from three of the largest scuba diving operations on Utila. This residential home could easily be converted into a comercial space and hold one to three separate businesses with separate entrances and bathrooms. A nice location for a large restaurant or a hostel with room to expand in the back or vertically. The property has 49 feet of lagoon front with a dock and covered boat slip. There is room for 2 boats in the covered slip and 2 in the uncovered dock space. These spaces can be used privately or rented out to generate income as they are an excellent, safe harbor for boats in good weather and bad. The interior of the Lagoon House is bright and cheerful with a very welcoming feel. The many well placed windows give the home plenty of natural light and usher in the predominant East Wind which keeps the home cool. The home includes a kitchen and dining area, living room, 2 bedrooms and 2 baths, a front porch and a large back yard which contains a large storage bodega.