Wake up to the sound of the water, morning coffee overlooking the lake, and sunsets that never get old. Welcome to life on beautiful Lake Katchewanooka - where every day feels like a getaway while still being only minutes from the village of Lakefield. This beautifully updated waterfront bungalow offers the kind of lifestyle buyers dream about. With over 2,500 sqft of finished living space between both levels, there is room for family gatherings, summer weekends with friends, and peaceful nights by the water. Nearly every room has been thoughtfully modernized, blending comfort and style while still allowing the next owner the opportunity to create their dream kitchen exactly the way they envision it. The main floor features 3 spacious bedrooms, including a private primary suite with ensuite bath, while the fully finished lower level offers incredible flexibility with a separate entrance, fourth bedroom, office, second kitchen, full bath, and expansive family room - perfect for guests, extended family, or creating the ultimate entertaining space. Step outside and experience what makes this property truly special. From boating and fishing to late-night fires by the shoreline, this is a property built around making memories. Enjoy direct waterfront access with your own private dock and boat launch, stunning unobstructed lake views, and fenced yard areas for kids and pets to safely enjoy. Whether you're searching for a year-round waterfront home or the perfect escape from the city, this property captures everything buyers love about Kawartha living - peaceful mornings, endless summer days on the water, and a home designed to bring people together. Now offered at an improved price, this is an exceptional opportunity to own a turn-key waterfront property in one of the area's most desirable lake communities.