Welcome to your own private oasis in the heart of Regina Beach! This well-maintained bungalow with a fully developed walk-out basement offers over 1,500 sq. ft. of comfortable living space and an exceptional indoor-outdoor lifestyle just one block from the lake. The main floor features an updated kitchen with abundant maple cabinetry, generous counter space, built-in cooktop and oven, making it both functional and inviting. The spacious living room provides access to a large wrap-around deck where you can enjoy glimpses of the lake and beautiful outdoor views. Two good-sized bedrooms and an updated four-piece bathroom complete the main level, with attractive laminate flooring flowing throughout. The fully developed walk-out basement is designed for relaxation and entertaining. Enjoy cozy evenings in the family room with a natural gas fireplace, gather with friends around the wet bar, or retreat to the spacious primary bedroom featuring a private four-piece ensuite and adjoining den—ideal for a home office, reading nook, or flex space. A large laundry and utility room offers excellent storage options. Step outside to the covered patio and beautifully landscaped backyard, complete with an above-ground pool, hot tub, additional patio area, mature trees, and interlocking block walkways. Adding to the property's appeal is a charming guest house with electric heat, providing flexible space for visitors, hobbies, or a private retreat. Additional features include a single detached garage, two storage sheds, ample off-street parking, and numerous updates over the years. Located close to walking paths, the elementary school, local amenities, and the lake, this property offers the perfect opportunity to enjoy the Regina Beach lifestyle year-round. Don't miss your chance to own this unique and inviting lake property.