Located on an elevated corner lot with views of Lake McKillip, 2801 Fogarty Avenue offers a rare chance to own a home in one of Key West's most tranquil New Town neighborhoods. This concrete 4BD/2BA residence is just steps from the lake and the shallow-draft boat launch. The home offers a desirable split floor plan with a private guest suite featuring its own exterior entrance. The large living room is highlighted by a redwood tongue-and-groove ceiling, and the separate dining room is well-suited for everyday use or entertaining. Three bedrooms include cedar-lined closets. The property is solid and ready for updates, with brand-new impact windows and doors already purchased and conveyed in the sale. Outside, the fully fenced yard features mature banana trees, room to add a pool, and a covered patio with sunset lake views. A covered carport provides multiple parking spaces and extra storage. Conveniently located close to island amenities yet away from the downtown bustle, this home offers excellent potential as a quiet retreat or customizable Key West residence.