40501 N Elime Road Builder Closeout. Lake Lot #5 in the upscale waterfront community of Newport Cove with unobstructed views of Bluff Lake. One of the few remaining larger lots with walkout basement potential and the ability to install a built in pool. This unique coastal-style development offers a natural setting with 15 acres of open space, thoughtfully landscaped common areas with an abundance of native plants, a waterfront park with walking and golf cart paths, a gazebo with grill and restroom and its own marina for residents only. Bring your own custom home builder or work with Newport Cove's architects & construction team. Piers in the marina available for rent or purchase and come equipped with water & electric. Single piers are reserved for waterfront homeowners. Living the lake life in a beautiful new custom home can be yours!