This is sooooo machine-knitable!

Knit this beautiful, classic sweater in a fraction of the time of hand knitting, even if you don't have a lace carriage.
hand transferring the lace is worth the effort!

The secret for success:
Because lace and stockinette knit at different gauges, you must accurately establish YOUR gauge by knitting a large lace swatch AND knit a stockinette swatch for the sleeves.

Use a knit it Now basic Set in Sleeve pattern to GUARANTEE the sleeves will fit in the armholes. Plus knit the sleeves any length you want.