Re: Boat lift- water depth needed.
Old boating adage: "When your draft exceeds your depth, you are most assuredly aground..."
That docking location sounds real iffy for your needs. Sure the numbers technically work with the outdrive up, but how about wave action, a heavily loaded boat, and getting back out of there again?
Many lakes will have restrictions on dredging or altering your shoreline so that's a consideration as well.
Perhaps consider an outboard, as has been mentioned. Usually you can tilt even big outboards completely, or almost completely out of the water thus reducing your moored draft to much less than you generally can with an I/O.
Also, you may have issues with clearance for the lift cradle. That specification you can get from the lift manufacturer. Have you considered a marine railway?
Now, by the time you take into account the tracks, cradle wheels and associated structure we need 24" or so under our boat but then we just installed a good 30 feet of track out into the lake to we got the depth we needed.
*Edit*
Here's a pic of the kind of structure you will have under your boat with a railway cradle.
Then just run the track you need to get to the appropriate depth.