Opportunity meets potential in this 3-bedroom, 2.5-bath home in the desirable Forest Lakes neighborhood - offering flexible living space, a peaceful setting, and access to Simpatico Lake with fishing rights. With 2,472 square feet of versatile space, the home features a functional and flexible layout. Two bedrooms, including the primary suite with an ensuite bathroom, are located on the upper level, while an additional bedroom is situated in the finished basement - ideal for guests, a home office, or added privacy. A convenient half bath is located just off the kitchen for everyday use. The finished basement expands your living options with a spacious family room, full bathroom, and abundant storage. A portion of the home's total square footage includes an upper-level area that is not fully finished, offering an opportunity for future customization. Set on .625 acres with a partially fenced yard, the lot features a unique shape and topography, creating a more natural setting with selective usable space. Additional highlights include a new roof installed in 2025, radon mitigation already in place, and an attached one-car garage. Forest Lakes residents enjoy access to Simpatico Lake, including fishing rights, along with an established neighborhood conveniently located between Bayfield and Durango.