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After $205K PriceChop, Lakefront Property Asks $995K

Just in case there's someone out there dreaming of an event space/residential combo on Lake Pontchartrain, here it is. After a massive $205,000 pricechop off of the original $1.2 million asking price, the property is now going for $995,000. The listing gets points for its waterfront location and uniqueness factor. The interior decor? Not so much. The residential side of the 1970s structure is two bedrooms with 3,263-square-feet of space and the venue is 3,611-square feet with a massive deck. Perk alert: 145 feet of dock space to park the yacht.
· Listing: 7412 Lakeshore Dr. [Sotheby's]