A rare opportunity to restore one of Port Lavaca's most architecturally significant waterfront homes. Originally built in 1963 for respected local physician Dr. York Lancaster, this remarkable Mid-Century Modern residence is recognized in the Texas Historical Commission's Calhoun County Historic Resources Survey for its architectural significance and preservation. Perfectly positioned on 2.053 acres overlooking beautiful Lavaca Bay, the home showcases timeless Mid-Century Modern design with clean horizontal lines, expansive walls of glass, and a seamless connection to its breathtaking waterfront setting. While the property is in need of restoration and updating, it offers an exceptional opportunity to preserve and personalize a true architectural gem. Inside, you'll find ample space with 4835 sq. 5 spacious bedrooms, 4.5 baths, a dramatic oversized red entry door, a striking floating staircase, and an impressive domed-ceiling family room, reading room, formal dining room, large kitchen with 2 Refrigerators and plenty of cabinet space, all designed to capture spectacular panoramic bay views. Original architectural details and generous living spaces provide the perfect foundation for a stunning renovation. The beautifully wooded and landscaped grounds feature a swimming pool, a circular drive with a covered porte-cochre, Generac, and a detached garage that has been converted into a guest house with 1250 sq ft complete with central A/C and a full bath, offering flexible space for guests, extended family, or a private studio. Whether you're searching for a one-of-a-kind waterfront residence, a historic architectural treasure, or an extraordinary restoration project, this iconic Lavaca Bay property presents a truly rare opportunity to own a distinctive piece of Port Lavaca history.