A rare chance to own a true lakeside legacy property - just 5 minutes from Whitecourt with pavement right to the driveway. This beautiful Canadian cedar log home sits on 38.55 acres, and the showstopper is this: 12 acres of McGregor Lake are OWNED and part of the property. That means you're not simply “near” the lake - you own the lakebed and water frontage within your boundaries, creating privacy, control, and long-term value that's incredibly hard to find. Inside, you'll love the spacious great room with open-beam vaulted ceilings and big windows that frame lake views like a postcard. It's the kind of home that feels warm, solid, and built for real living. Outside is where this property becomes unforgettable: Fantastic patio with a built-in BBQ and fire pit Raised garden boxes ready for your summer harvest Private dock - the perfect place to relax and enjoy a morning coffee lake plus water lines throughout to service the lawn, garden, and flowers If you need serious workspace (or dream of it), this place delivers. In addition to the home, you get four garages/shops plus a heated paint studio: Heated 14' x 20' paint studio Garage #1: heated 24' x 26' Garage #2: 24' x 26', dirt floor, new roof Shop #1: heated 40' x 30' with two 12' overhead doors Shop #2: heated 46' x 30' Well-maintained with key upgrades already done: Roof/membrane (2019) Sunroom redone (2017) Hot water on demand (2021) Half the windows replaced (2021) And there's future upside too - potential for subdivision or the option to develop into a campsite. Lake ownership. Acreage. Multiple heated shops. Minutes to town. Properties like this don't come up often - and when they do, they don't last.