This 31+ acre development parcel in Mason City presents a rare opportunity to acquire a large-scale site anchored by a 7-acre stocked pond reaching depths of approximately 48 feet. Located within city limits and adjacent to Big Blue Lake, the property offers a distinctive combination of waterfront character, development flexibility, and access to established retail, healthcare, educational, and recreational amenities. The site is positioned for a variety of development concepts, including a master-planned residential community, RV resort, or other mixed-use vision supported by existing city infrastructure and convenient access throughout the region. The property's natural water features create a unique setting that is difficult to replicate within an urban environment. Planned development concepts include waterfront residential lots, recreational amenities, trails, green space, and utility-served development areas. For RV park development, conceptual plans contemplate a phased rollout with extensive campsite capacity and supporting amenities. Adding to the investment appeal, the seller is willing to consider seller financing for qualified buyers, with financing available for up to 50%. This flexibility may help reduce initial capital requirements while supporting the execution of a long-term development strategy. Combined with its scale, location, waterfront setting, and development optionality, the property represents a compelling opportunity for developers and investors seeking a distinctive project within Mason City.