A rare opportunity to own a property featuring a large, insulated multi-purpose structure currently configured as a private exercise facility/home gym, ideal for fitness enthusiasts, hobbyists, entrepreneurs, or anyone seeking exceptional flexible space. Discover the charm of lakeside living at 815 Lagoon Drive! Nestled on a quiet, no-exit street in the exclusive Willow Beach enclave, this spacious 3-bedroom bungalow rests on a generous 50x179-foot lot, mere steps from the beautiful shores of Lake Simcoe. Designed for all-season enjoyment, the home offers two full bathrooms in the main living area, complemented by an additional two showers, sinks, and toilets in an intermediate space, ideal for added convenience. One of the property's standout features is a large, versatile insulated structure currently used as an exercise facility, perfect for those looking to blend home, work, play, and hobbies in one unique space. The home is serviced by town amenities, including water, sewer, natural gas, and hydro, providing all the essentials for comfortable living. The expansive backyard is ideal for gatherings, play, or simply unwinding in your own private oasis. Lake Simcoe awaits just steps away, offering incredible opportunities for swimming, paddle-boarding, boating, and more. Whether you're seeking a year-round residence or a peaceful weekend escape, this property offers a seamless balance of tranquility and accessibility, with versatile spaces to suit any active lifestyle. Truly a must-see!