Presented are the first interferometric images of cool starspots on the chromospherically active giant $lambda$ Andromedae. These images represent the first model-independent images of cool starspots on a star other than the Sun to date. The interferometric observations, taken with the Michigan Infra-Red Combiner coupled to the Center for High Angular Resolution Astronomy Array, span 26 days from Aug 17$^{th}$, 2008 to Sep 24$^{th}$, 2011. The photometric time series acquired at Fairborn Observatory spanning Sep 20$^{th}$, 2008 to Jan 20$^{th}$, 2011 is also presented. The angular diameter and power law limb-darkening coefficient of this star are 2.759 $pm$ 0.050 mas and 0.229 $pm$ 0.111, respectively. Starspot properties are obtained from both modeled and SQUEEZE reconstructed images. The images from 2010 through 2011 show anywhere from one to four starspots. The measured properties of identical starspots identified in both the model and reconstructed images are within two $sigma$ error bars in 51$%$ of cases. The cadence in the data for the 2010 and 2011 data sets are sufficient to measure a stellar rotation period based on apparent starspot motion. This leads to estimates of the rotation period (P$_{2010}$ = 60 $pm$ 13 days, P$_{2011}$ = 54.0 $pm$ 7.6 days) that are consistent with the photometrically determined period of 54.8 days. In addition, the inclination and position angle of the rotation axis is computed for both the 2010 and 2011 data sets; values ($bar{Psi}$ = 21.5$degree$, $bar{emph{i}}$ = 78.0$degree$) for each are nearly identical between the two years. end{abstract}