Incredibly rare sprawling bungalow with unobstructed panoramic views of Lake Ontario & a legal guest house offering excellent potential for supplemental rental income. Completely reimagined by architect & former owner David Cody, this 2,574 sq. ft. residence was thoughtfully designed to embrace its exceptional waterfront setting, offering a remarkable sense of comfort, privacy & tranquility by the lake. The foyer features heated marble floors, vaulted ceilings, built-in cabinetry and custom millwork. The living room offers hardwood floors, vaulted ceilings, double-sided gas fireplace & custom built-ins, with sliders opening to the stone patio with lake & park views. The gourmet chef's kitchen features custom cabinetry, quartz counters, large island with bar seating , & premium Monogram GE, Sub-Zero & Bosch appliances. The adjoining dining area offers direct patio access and expansive park & waterfront views. Primary bedroom includes hardwood floors, vaulted ceilings, a gas fireplace & large windows overlooking the lake and park. The four-piece ensuite offers heated floors, a stone-topped vanity & walk-in closet with built-in organizers. A second bedroom or den features built-in cabinetry, a walk-in closet and walkout to the side yard, deck and hot tub. A front bedroom can be paired with the adjacent four-piece bathroom to create a private guest area. The legal guest house offers excellent flexibility with in-floor heating, vaulted ceilings, gas fireplace & patio access, plus a full kitchen, bedroom, 4 piece bathroom & in-suite laundry. Outside, mature landscaping surrounds an expansive stone patio with pergola & gazebo, all positioned to enjoy panoramic Lake Ontario views. The private side yard includes a deck with pergola and hot tub, plus a large insulated storage building. Two interlock driveways provide ample parking & separate guest house access. A truly unique opportunity combining thoughtful architecture, flexible living and uninterrupted Lake Ontario views.